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As gold is priced in US dollars largely, the currency's index will reflect the yield rate of related US assets. Historical data indicates that the gold price will be under pressure if the US dollar index rises, said Zhao.

As a result, Nikon announced it would lay off 1,000 employees in the Japanese market late last year, which was about 10 percent of the company's total headcount in Japan. Canon reported a 10.5 percent decline in its turnover for the 2016 fiscal year. Another Japanese camera maker, Ricoh, said in April that it might close its consumer digital camera business.

As at the end of 2016, the volume of the asset management business in China reached 116.18 trillion yuan, according to a report published by the China Banking Association.

As a grassroots educator, Liu always feels the urge to participate in public affairs and promote changes in the country's nine-year compulsory education program.

As battery technology improves and costs come down, analysts expect electric sales will eventually take off.