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"Chinese consumers, especially millennials, want to enjoy life... they care about their individuality and love to travel, and when it comes to shopping in both online and offline channels, they have unique tastes," said Guo Xin, a marketing professor at Beijing Technology and Business University.

"Consumption growth will likely pick up on the back of rising disposable income growth, especially that of lower-income households that have higher consumption propensity," Liang said.

"Currently the rules are very much what I call unfair to China. They allow countries to slap tariffs which are far greater than anyone would reasonably argue are appropriate," said Yukon Huang, former World Bank country director for China.

"Currently, however, Chinese companies lack genuine technological breakthroughs and innovation. They still have very little in the way of unique differentiation compared with other providers," Ji said.

"Chinese customers love the Porsche brand that is designed and engineered in Germany, and that is for us quite an important criterion," he said.