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"For global brands, stepping into China through cross-border e-commerce means more than just market expansion," said Zhang Tianbing, Deloitte Asia-Pacific Consumer Products and Retail Industry Leader. "It requires a combination of digital resources and approaches to connect and interact with consumers, and satisfy their demands promptly, accurately and efficiently."

"From what we have seen, it would be a feat if it would be a 5 percent drop," said Shi.

"From the year-on-year growth data, the first-tier cities are entering the replenishment phase with the inventory continuing to grow on a year-on-year basis from June after 34 consecutive months of year-on-year decline. And although in second-, third- and fourth-tier cities the inventory continued to fall, the decline continued to narrow," Yan said.

"Growth is not everything. It makes sense only when it has achieved all its dimensions, rather than a mere figure or gross domestic product," Jin reckoned.

"For JD to jump into Europe, they will have to capture European consumers and it's not obvious how they can do that," Towson said.