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Analysts said that despite the contraction in the global economy, Chinese enterprises' ODI will not only contribute to host economies' taxation and employment in the short term, but also help to sustain market confidence to support their long-term economic development.

Analysts, however, said the situation does not require home-owners to be pessimistic as it was brought about by an unprecedented 315 restrictions imposed on the market in the first eight months of this year.

And Angel Chow, a tourist from Hong Kong, said Chinese shoppers will likely spend more now they have WeChat Pay as an option.

Anheuser Busch, the producer of Budweiser, raised its wholesale price by nearly 50 percent from March 10. Harbin Beer is also planning to raise prices in April.

Analysts say the new development pattern charts the course for China's high-quality economic development, which requires stronger endogenous driving forces amid mounting external uncertainties.