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"Cultural industries now account for more than 4 percent of the country's gross domestic product, but their role in economic upgrading is more substantial than this figure - they are helping with the upgrade of other industries," Zhang said.

"Chinese companies face new situations while investing overseas, namely that global politics and economics have become more complex," said Wang Tingke, general manager of China Export and Credit Insurance Corporation, or Sinosure, China's State-funded policy-oriented insurance company.

"Chinese consumers want diverse, quality products, and a nice consumption environment," said Yu, adding that spending on health, convenience and personalized lifestyle products has risen.

"China's regulators were trying to buck the trend by keeping the yuan stable for a long time, but they are probably just going to let it follow market forces at this point instead of using precious dollar reserves to defend the yuan," Ann Lee, a specialist in China's economic relations and adjunct professor at New York University, told China Daily.

"Consumers are willing to spend more money on safer products with better quality to benefit their health," Qian said.