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"Consolidation and standardization will take place in the short to mid-term through the proliferation of e-commerce platforms ... business-to-customer e-commerce presents high growth potential, especially for on-demand maintenance products and auto accessories," he said.

"China's definition of a successful 5G might include having at least one-third of the world's 5G base stations within five years of license issue, and having at least half of the world's 5G users within five years," he said.

"Consumer stocks have shown positive signals this year so far," said Wu Wenjie, a senior analyst at Bohai Security's Wangjing branch. "Among them, leading shares such as Wuliangye and Midea reached record highs. As these stocks are linked to people's lives, and with corporate annual reports around the corner, the surging prices of consumer stocks would attract a huge amount of public attention."

"China's Internet Plus strategy is an approach while the digital economy is the result, both of which serve the goal of 'building the country into a Digital China' and an internet power," he said.

"Considering China's domestic situation, which is at a different stage of the economic cycle compared with the US, China now should not tighten (the monetary policy), but may moderately ease under some circumstances," said Yu Yongding, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, who served on the Monetary Policy Committee of the People's Bank of China from 2004 to 2006.