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"China offered many opportunities for job seekers then, but the situation in Greece and Europe is different."

"Catering enterprises generally don't have much assets in stock－to reserve cash for two-and-a-half months at maximum. That's why continuous revenue plays an important role," he said, adding how long before circumstances improve would determine the survival of many companies in the sector, especially small- and medium-sized firms.

"But the problem is, where would these productive investments come from?" Guo said.

"CIIE is a significant move to support free trade," said Ren Hongbin, chairman of Sinomach.

"China lacks various esports talents, such as players, tournament operators, gaming developers and business developers. We need more professional educational organizations instead of the so-called esports training organizations that induce students to drop out and play games," Wang added. "And local governments need to keep a rational attitude, taking into consideration their own conditions."