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Chan said that disruptions to schooling in the past year were "unfortunate" for students who should have focused on their studies. Participation in constant protests affected their academic performance, limiting students' future opportunities, he added.

Central government-controlled enterprises give full play to their own advantages, ramp up efforts to expand their market share and increase the added value of products, with a goal to further enhance profitability and improve shareholder returns, SASAC said in the statement.

Changing consumer behavior is also stoking New Retail. The survey indicated a consumer preference for online-to-offline or O2O channels, with people saying that before making a purchase, they want to virtually see how furnishings and accessories would look in their home.

Car-sharing platform Ponycar said it plans to launch up to 10,000 electric vehicles in China's first-tier cities within a year, as it ramps up efforts to compete for supremacy in the booming sector.

Central African Republic President Faustin-Archange Touadera said his country stands ready to join the BRI and sees its central location in Africa as an advantage.