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"Eliminating middlemen can effectively trim costs and boost retail efficiency," said Gu Guojian, head of Shanghai Chain-Store & Franchise Institute. "The model is especially meaningful as China moves to increase imports and enhance circulation efficiency."

"Every day, every week, every month, we are adding more and more products based on consumer trends, consumer demands and consumer search terms," he said, adding females aged between 18 to 27 are the main group of people that are used to buying Chinese-made dresses via Taobao Collection.

"Cutting the subsidies may not necessarily be a bad thing. It can help weed out the incompetent companies and allow the competitive to stand out," Ma said.

"Developing interconnectivity between Asia and Europe is indispensable in providing better platforms for increasing trade cooperation between the two sides, and enhanced people-to-people and cultural ties will contribute greatly to mutual understanding and clear up misunderstanding," Jin said.

"Data will update every four hours to tell a cargo ship's location, as well as the temperature and humidity inside the containers and whether they've been opened or not," she said.