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"Economic growth is gradually stabilizing, which jazzes up demand to bolster prices," said Xu Gao, chief economist at Everbright Securities Asset Management Co Ltd.

"Even though the one-child policy was scrapped in late 2015, we shouldn't shove aside the stress of elderly care confronting the only children in China," he said. "Besides, no insurance program can compare to the comfort seniors get from their closest family members."

"Entering the industrial internet era, security threats have become more sudden in occurrence and destructive, especially in fields related to national interests and people's livelihoods. Once attacked, it will cause great social impact and huge economic losses," Dowson Tong, president of Tencent's cloud and smart industries group, said Tuesday during the ongoing fifth Cyber Security Summit in Beijing.

"Embroidery is the specialty of Xihe, and is also a typical handicraft for the Qiqiao Festival," she said.

"Efforts to transform traditional industries and nurture emerging sectors are of significance to China," said Wang Peng, deputy president of the China Center for Information Industry Development, a government think tank.