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"Cosmetics is not a necessity. There will be a phase of delayed consumption due to the epidemic. Once the contagion is over, makeup sales are expected to see a big rebound," said Neil Wang, president of Frost & Sullivan China, a consultancy.
"Currently, the construction and operation of large-scale infrastructure projects represented by SGR calls for more contributions from outstanding government officials and professional technicians," he said.
"Consumers now have higher expectations for online-to-offline business," said Bruno Lannes, a partner at Bain & Co, the global management consulting firm, in China. "Retailers must come up with new models."
"Chinese consumers are willing to pay a premium price for high quality flowers. We therefore want to tap into the high value flower segment of Chinese market in order enhance our farmers earnings," Ngige said, adding that to meet the demand, the industry is seeking to move up the flower value chain amid rising costs of production.
"China's tariff plan is based on thorough research and analysis. It is much more rational compared with the 25 percent tariff hikes threatened by the US ... which is a trade 'stick', " said Li Yong, a senior research fellow at the China Association of International Trade.