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Still, Boyce said sellers can still find a “way to walk between the shadows on Amazon” by focusing on a tight niche.

Stories of the phantom company date back about 60 years.

Such better-than-expected growth has been propped up by booming domestic consumption, robust trade, and new technologies which boosted external demand and international labor productivity, analysts said.

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Students of China Civil Aviation University, who will serve as ceremony guides for the upcoming 13th Chinese National Games, take part in a training in Tianjin, August 15, 2017. The 13th Chinese National Games will be held in Tianjin from August 27 to September 8.[Photo/Xinhua]

Such measures will not discourage the sector's recovery or dent consumption, Liu said, adding that local restaurants have adopted the "N-1" mode since 2013, and the concept of small-portion dishes will actually spur consumption.

Students from 18 countries dressed in their local garb were inspired when Xi stressed the importance of both "bringing in" and "going global", and called on the country "to pursue the Belt and Road Initiative as a priority".

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Still, the company continues to add a substantial number of employees. On a post-earnings call with reporters, Amazon CFO Brian Olsavsky noted that the increasing headcount is related to the company’s higher fulfillment activity, its growing?transportation logistics network, and more horsepower for units like Echo, Alexa, and Amazon Web Services.

Students returned to universities across the country this month ready for the new term, but many now fear new restrictions may last through the winter and mean they will not be able to return home for the Christmas holidays.

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Such expectations come after a "constructive" visit made by President Xi Jinping to the US last week.

Such efforts coincide with a survey underlying an increasing preference for healthy and environmentally friendly products by Chinese consumers, as the local market for fast-moving products maintained a robust momentum despite slower economic growth.