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"Cross-border e-commerce can be an ideal way for foreign companies to debut in China thanks to easier access, lower costs and reduced time for market entrance," said Zhang Tianbing, Deloitte Asia-Pacific consumer products and retail industry leader.

"Clearly June 18 being a shopping period rather than a day aims to provide customers with ample time to make purchase decisions, which is also a way to set it apart from the Singles Day," said Neil Wang, president of consultancy Frost & Sullivan China.

"China via its new reform and opening-up measures appears ready to play its part to bring closure to the aggravated trade frictions and thereby stabilize market expectations.

"China's investment sector has reached a stage where we should put equal emphasis on investing abroad and attracting foreign investment," said Guo Hongyu, deputy director of the foreign economic cooperation department at the commission.

"China will definitely lead the world on many environmental issues ... and it is still a major supplier to the world economy. So you can imagine its power to move markets and change behavior when the country decides to go green."