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"Cutting red tape, enhancing compliance supervision and improving government services are major measures to transform the government function and advance supply-side structural reform. This government has prioritized reform on approvals and the business registration system, which in essence is to develop a fair and unprejudiced market environment. Facts show that our efforts are paying off," Li said.

"Despite its dwindling control over territory that once provided it with resources and a base to plan and launch attacks, ISIL continues to present us with many complex challenges," she told the council.

"Encouraging roadside businesses doesn't mean there won't be administration," Wang Yukai, a professor at the National Academy of Governance, said on Sunday. "In many cases, the bigger the city is, the less tolerant it is of roadside businesses. Actually, it's a good opportunity to find the balance between city administration and roadside businesses, so the businesses can be sustainable in the future."

"Demand for investment was quite hot in 2016, 2017 and the first half of 2018 ... but such demand has ceased to exist, and I don't think it will come back in 2019."

"E-commerce platforms are seeking to unleash the consumption potential from fourth-tier cities and below this year, as the growth of online shopping in first－and second-tier cities is slowing down," said Cao Lei, director of China E-Commerce Research Center.