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"China's private economy will see better development opportunities," Qu said.

"Companies can just deploy their business on AWS and tap the local market. We are actually facilitating the business operations of companies while they are seeking business opportunities abroad."

"China's high-speed railway is as fast as a rocket, but the nation's progress is even faster," said Palestinian businessman Yahya Saleh.

"China should pay more attention to make its ODI moves better suited to its 'dual circulation' development pattern by meeting domestic market needs via investment activities in overseas markets," said Zhao Ying, a researcher at the Beijing-based Institute of Industrial Economics, which is a part of the Chinese Academy of Social Sciences.

"Companies need to seek refined operations to reduce the cost and then offer better services to retain users," Sun added. "The bike rental fare hike may help companies ease the pressure to turn profitable. However, bike-sharing platforms may also face problems such as the loss of many users. As the ride costs the same or even higher than the bus, shared bikes may lose certain advantages."