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"Global recovery creates good conditions for China. Chinese government appears ready to raise the anchor and set sail. We sense a tilt in the balance toward faster reforms in 2018, which marks the 40th anniversary of reform and opening-up," said Ding Shuang, chief Greater China economist with Standard Chartered Bank.

"Foreign convenience store chains have well-developed supply chains, thanks to their long experience in the sector. Many stores have been able to increase their gross profits by upgrading products, structures and by raising the proportion of fresh food. And most of their fresh food comes from self-owned brands," he said.

"Foton's fuel cell bus will serve the 2022 Beijing Winter Olympics," said Xu Heyi, the chairman of BAIC, parent company of Foton, at the two sessions this year.

"HNA Group extends deepest condolences to Mr. Wang's family and many friends. Together, we mourn the loss of an exceptionally gifted leader and role model, whose vision and values will continue to be a beacon for all who had the good fortune to know him, as well as for the many others whose lives he touched through his work and philanthropy," HNA's board and management team said in a statement.

"Full-year Chinese jewelry demand reached a three-year high of 672.5 tons, China's retail network extended further throughout 2018, with top branded jewelry retailers leading the charge," Wang said, adding that established brands were steadily increasing their penetration in lower-tier cities.