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Ant Group, owner of popular mobile wallet Alipay, plans to allocate 40 percent of the 48 billion yuan (.95 billion) it plans to raise from its initial public offering in the STAR Market, China's version of Nasdaq, on innovation and technology-related investments, it said in a regulatory filing on Tuesday.

Another strategy for further improving the experience of international travelers is to target various people and meet their specific demands, Guevara suggested.

Another comment reads, "Library is the store house of knowledge ....Good to see that."

Apart from reviving consumer confidence, May 5 Shopping Festival has also helped to incubate a number of new business models, said Hua Yuan, director of Shanghai Municipal Commission of Commerce.

Another focus for the firm is to incorporate local tastes. Following matcha green tea, strawberry and yogurt flavors, this year Dove produced durian and red velvet cake flavor products.