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"China's steel manufacturing infrastructure is the most advanced in the world. The small and unregulated steel mills, which are producing substandard steel with high pollution, should be eliminated," Li said.

"Chinese companies should look beyond the domestic market in business expansion. They need to invest as quickly as possible in the global culture and creative industry," he said.

"Competition will also lead to cheaper battery prices and more industry consolidation, and the rest of the domestic battery manufacturers will have to fight more fiercely for market share."

"Currently the vegan industry is export-oriented, for example, Shuangta Food's major food market is based abroad," he said, adding that domestic companies see man-made food as one single product instead of a complete industry.

"Criminals in such cases are normally sentenced to detention due to insufficient evidence," said Ren Haitao, an associate professor of law at East China Normal University. "Victims often feel too ashamed to contact the police, and they avoid investigation."