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Around 14 percent of manufacturers and 12 percent of service firms characterized the increase as substantial, the report showed, noting "the data illustrate a considerably more widespread effect of higher input costs among service firms than in last year's survey."

Around one billion product images are uploaded to Taobao, Alibaba's e-commerce site, every day by merchants.

As China's consumption model accelerates transformation, and the large consumer demand accumulated during the epidemic is released online, the development momentum of delivery industry will be further strengthened, said an industry insider.

As Japan-based electronics firm Omron shut down its Suzhou plant in July, the company, on the other hand, expanded its investment of 1 billion yen (.84 million) in Shanghai. The newspaper said Omron showed its confidence in China as the move was taken to improve its investment structure in Chinese market amid local competition and increasing labor cost.

As Chinese consumers increasingly demand a wider range of high-quality food and beverages, Dutch dairy giant Royal FrieslandCampina, a global dairy brand based in the Netherlands, plans to bring a wider range of products to China.