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"Chinese consumers have different preferences than US consumers. They value different parts of the animal," Dermot Hayes, an agricultural economist at Iowa State University, told China Daily.

"China, of course, is the world's second-largest economy, but to be a superpower and to get respect from other countries and regions, you have to have your own brand and reputation and then communicate it to the international community," he said.

"China's grain inventory has been kept at a high level. The stockpile of rice and wheat, two staple grains of the country, can feed the whole population for more than one year," Zhang said. "Although China has no problem feeding its people, we still need to treasure food, beginning during childhood."

"China's spot demand growth potential might also be limited by high terminal capacity utilization and further growth in China's LNG demand might be limited by infrastructure constraints, as terminals are currently running above capacity in the key winter demand center of northeast China," he added.

"China's various licensed financial institutions had total assets under management of 100 trillion yuan at year-end 2017. The regulation prohibits unlicensed entities such as internet platforms from originating and distributing asset-management products," Zhu said.