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"Defining the newly included area as a special economic zone will encourage more emerging industry companies to settle down in Lingang and help Shanghai to achieve more results in strategically important industries, which is in line with the country's development trajectory," he said.

"E-commerce enables Kroger to quickly scale to reach new customers and markets where we don't operate physical stores, starting with China," Kroger Chief Digital Officer Yael Cosset said in a statement. "We anticipate Chinese consumers will love Our Brands — starting with Simple Truth products — just like our American customers do."

"Despite the near-term frictions, they are committed to being here and selling to the China market. Our companies are in China to serve China, so I think participation in this conference (CIIE) really underscores that point," Margulies said.

"Either you have scale as a platform or you can present as a differentiated entity," Turner explained.

"Each of the three private companies' shares is roughly the same, which will also build a counter-balance among them," Xiang said.