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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 He Xiaoqing, global partner at A.T. Kearney, the US-based management counseling firm.

"China will continue to be the strongest driving force and stabilizer for the world economy," said Li Daokui, the economist.

"Consumers can initiate a lawsuit against the two defendants if they want to get the compensation," he said. "The lawsuit procedures will be easier for individual consumers, because the facts of the case have been clear in the public-interest litigation."

"China represents one of the key consumption markets for our LNG sales," Novatek's CEO Leonid Mikhelson said in a statement. "Arctic LNG 2 will be a game changer in the global gas market."

"China sacrificed the economy of Hubei province to buy time for the world to be better prepared for the virus. As the mobility of the country's entire population of 1.4 billion people was restricted, its economic activities literally ground to a halt for weeks," he said.