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"China's economy has gradually emerged from the slump and returned to the level it was roughly at prior to the outbreak, backed by the stimulation that has delivered burgeoning signs of work resumption, industrial chains and services sector," said Shao Yu, chief economist at Orient Securities.

"Creating things with your own hands brings great joy and fulfillment," says Yang Wenxin, general manager of Shanghai YESBY.Me Information Technology Co, an organizer of the expo. "We are not only handicraft lovers, but also cultural inheritors."

"Competition between domestic makers and their foreign rivals is going to become more intense in the coming future. Without comparative edges, foreign smartphone vendors are going to lose even more market share," said Roger Sheng, research director at consultancy Gartner Inc.

"China's supply-side structural reform will lead to upgrades within industries, bringing improvement in efficiency and quality of companies," Tang said.

"Customers can choose different packages at the price of 6,800, 12,800 or 21,800 yuan (,100/,000/,470), based on their financial situation," he said.