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"For ofo and Mobike, the deals can accelerate their growth by tapping into tech heavyweights' sizable user bases. But the impact is not decisive. The battle for supremacy still hinges on their bikes' availability and quality," Zhang said.

"Google technology software is going to be disrupted, so the 25 percent tariff is one kind of disruption, but it's not a disruption involving the flow of technology," said Mark Cohen, a senior fellow at the Asia IP Law Project at the University of California, Berkeley. "This is in a way a little deeper and affects a different sector because we are also dealing with how we collaborate with each other, not only in hard goods but also in soft things."

"Food is the basic necessity of life."

"For the governmental aspect, the introduction of employment policy, income policy and tax policy will enhance the public's consumption ability, and thus the growth rate of China's total retail sales of consumer goods will catch up," she added. "We should be confident about China's consumption sector in 2019."

"For any multinational company, China is a huge market, we should be more proactive in thinking, investing and exploring cooperation opportunities."