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"Companies need to seek refined operations to reduce the cost and then offer better services to retain users," Sun added. "The bike rental fare hike may help companies ease the pressure to turn profitable. However, bike-sharing platforms may also face problems such as the loss of many users. As the ride costs the same or even higher than the bus, shared bikes may lose certain advantages."

"Customers want smart cars for a smart world, and Chinese customers are quick to embrace new technologies and electric cars are going to be a preferred choice," the executive chairman said.

"Culture export includes the responsibility of cultural communication between different countries and also bears economic significance, helping enhance the soft power of a country," he said.

"China's traditional drug research and development pattern, which was dominated by generic drugs, is undergoing transformation, and new drug development has ushered in new opportunities. From the perspective of supply and demand, the pharmaceutical industry will continue to be one of the main driving forces for investment in China's primary market," said the report.

"China's business environment is more regulated than before. IPR protection is a typical example," Vice-Premier Wang Yang said during a China-US Joint Commission on Commerce and Trade in Washington, DC, in 2016.