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"Expanding imports is an inevitable requirement for the balanced development of foreign trade," Wang added. "A comparative competitive edge is the foundation of international trade and the origin of benefits from international trade. Overemphasizing on exports may guarantee increased foreign exchange reserves, but it doesn't mean a better life and prosperity for ordinary people."

"Eliminating middlemen can effectively trim costs and boost retail efficiency," said Gu Guojian, head of Shanghai Chain-Store & Franchise Institute. "The model is especially meaningful as China moves to increase imports and enhance circulation efficiency."

"Expanding domestic demand is essential to maintain a steady trend of the Chinese economy," said Mao Shengyong, an NBS spokesperson. "We need to increase the intensity of policies from all aspects to release the consumption potential."

"Developers have been responding to the growing arrivals from China by building more three-to four-star hotels," Colliers said. It said that about 40 percent of the 10,000 new hotel rooms due to be completed from 2019 to 2022 are classified as three-star, while about 35 percent are four-and five-star hotels.

"Economic cooperation and joint development of the Belt and Road are highlights of China-Arab cooperation," said Sun Degang, deputy director of Shanghai International Studies University's Middle East Studies Institute.