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"Chinese young consumers pay much attention to smartphones, entertainment function and appearance design," DJ Koh, president and CEO of the IT & Mobile Communications Division of Samsung Electronics, said.

"Cosmetics is not a necessity. There will be a phase of delayed consumption due to the epidemic. Once the contagion is over, makeup sales are expected to see a big rebound," said Neil Wang, president of Frost & Sullivan China, a consultancy.

"China will continue to export consumer goods in exchange for Germany's high-tech products such as electronic and chemical products, construction machinery, vehicles and parts, medical equipment and pharmaceutical products," said Yu Jianlong, secretary-general of the China Chamber of International Commerce.

"Combining our Chinese mainland edition with overseas dailies and weeklies published in the United States, Europe, Asia and Africa, the China Daily Global Edition will feature extensive and analytical coverage of events from every corner of the world, with a Chinese perspective," Zhou said.

"China will continue to step up efforts in quality supervision and law enforcement to protect consumer rights this year," said Zhang Mao, head of the SAIC. "The complaints channels for consumers will be improved, and the supervision of market players will be tightened."