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"Consumers buy things at lower prices, but they may not use them," said Zhang Lu, an intern of Xiamen Construction and Development Corporation. "It's hard to say whether they save money or not."

"Compared to new homes, the secondary market can serve as a better reference. Especially in first-tier and major second-tier cities, where transactions of pre-owned homes account for more than half of their total trading, the figure has surpassed 80 percent in Beijing and Shanghai," said Zhang.

"China's Belt and Road Initiative means great opportunities for Italy," said Antonio Fatiguso, Beijing bureau chief of ANSA Agency, Italy. "I'm very positive on the further cooperation of the two countries and I think it's something that is underway. I think the bilateral ties will improve, not just in the economic field, but also from (the) cultural perspective, such as film co-production," he said in an interview during a show called "Beijing in My Eyes-Conversations with Chief Correspondents" presented by Radio Beijing International.

"China's AI industry is flourishing currently, epitomized by the fact that an increasing number of tech breakthroughs are being made. AI is also being applied in a string of vertical industries," said Chen Zhaoxiong, vice-minister of industry and information technology.

"Chinese consumers are increasingly pursuing snack foods that are healthy, high-quality and safe, triggered by the constant consumption upgrade trend in the country. In the next few years, higher-end snack food will account for a larger market share, and raise the average price of the sector," said Neil Wang, president of consultancy Frost and Sullivan.