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"Commercial endowment insurance will be vigorously developed. In the past few years, new industries and new business models have emerged as China deepens reform of government functions and encourages entrepreneurial and innovation activities nationwide," Li said.

"Chinese companies looking to acquire beyond China's borders focus on achieving dual goals—winning at home and exporting abroad, which enables them to strength their domestic competitive stance while simultaneously positioning for global expansion especially in developing markets," said Phil Leung, partner of Bain & Company.

"China's criminal laws and regulations try to strike a balance between social and legal effects. It would be reasonable if the rider is found guilty."

"Compared with buying a suit at physical stores, I think online shopping is more convenient. It saves me a lot of time," said Zhang.

"China's steel and iron sector has been experiencing a sluggish market this year. Producers should step up efforts to reduce costs and seek new revenues," Wang of the Lange Steel Research Center said.