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Anta Sports, which has a market value of .5 billion, has been working to expand its business overseas and is seeking acquisitions of well-established global brands. Zheng Jie, president of Anta, said last month that the company delivered a record performance in the first six months ended June 30.

Another new competitor is Ctrip, China's largest online travel agency. This year, the company introduced its "Ctrip Gourmet List" for Shanghai, with editions for dozens of other cities to be followed. But unlike the Michelin Guide, which is renowned for maintaining the anonymity of its inspectors, this list has proudly displayed its judges, who include Dong Keping, the consultant for China's most watched food documentary A Bite of China, Chinese celebrity chef Liu Yifan and Chinese singer-turned chef Lin Yilun.

Any time you do something big, that’s disruptive — Kindle, AWS — there will be critics. And there will be at least two kinds of critics. There will be well-meaning critics who genuinely misunderstand what you are doing or genuinely have a different opinion. And there will be the self-interested critics that have a vested interest in not liking what you are doing and they will have reason to misunderstand. And you have to be willing to ignore both types of critics. You listen to them, because you want to see, always testing, is it possible they are right?

Anthony Jackson, vice-president of the Center for Global Education at the New Yor-based Asia Society, a nonprofit, nonpartisan educational institution that focuses on connecting the people and institutions of Asia and the US, said that in the last 10 years there has been an increase of interest among students in the US to learn Chinese.

Apart from performance, Chinese brands have also optimized their after-sales services. Redmi, a sub-brand of Xiaomi, was the first in the industry to offer an 18-month guarantee. Insiders said that this reflected the brand’s confidence in its products, which would help it gain more customers.