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"China's smartphone market is huge, and although it has fallen for two consecutive years, it still accounts for about 30 percent of the global market. In such a big market, there are many niche users, who will satisfy the survival of the niche brand itself," said Jia Mo, an analyst from global market research company Canalys.

"China's economic miracle was fueled by industrialization, investment and trade, but today domestic consumption is the main driving force of growth."

"China's economic experience is unique," she said, expressing her strong respect for the Chinese people who are "characterized by seriousness and strong will."

"Countries including the US and India have been taking on China's IT players frequently, citing national security concerns. But this highlights the lack of widely acceptable international rules on service trade industries, especially in emerging industries."

"Companies should be clear and transparent with your customers about what you are collecting, how you are using and protecting that data, and ensure that you got consent from them so they have the knowledge that their data are being collected," she explained.