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"Despite a slim chance of local dengue fever outbreaks, people in Beijing, a global metropolis, are still at risk of catching infectious diseases due to the city's frequent communication with foreign countries vulnerable to such diseases," Zeng said.

"Ever since the A shares' inclusion in the MSCI index, foreign institutional investors' demand in the Chinese market has been on the rise. They have instituted local teams to take charge of that," he said.

"Embracing the smart revolution, enterprises can effectively improve the production efficiency and offer better services," Liu added. "For instance, chatbots are helping combat some of today's biggest customer service challenges. Chatbots are able to learn knowledge up-to-date and offer services 24 hours a day, seven days a week, helping reduce the labor costs and better cater to the customers."

"Data are the most important element in redefining retail," said Wu Weijia, an equity analyst who focuses on internet-based businesses at ICBC International Holdings Ltd.

"Every 100 Chinese households in rural areas owns 43.8 units of air conditioners, while each (group of) 100 urban families has 124 units. In Japan, every 100 households owns 272 units of air conditioners, so China's air conditioner market still has a lot of room to grow," said Yang Jie, general manager of industry consultancy ChinaIOL, adding the rural and urban markets show different demand characteristics.