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Companies in the sectors of electronics, hotel and communication service saw robust growth in share prices, with shares of Beijing Zhong Ke San Huan High-Tech Co Ltd rising by the daily 10-percent limit to 10.87 yuan per share.

Compared to the West, China's enterprise software industry has been slow to take off, says Raymond Wang, global partner at consultancy Roland Berger. "Roughly 20 percent of office workers in Europe and the United States are familiar with distance conferencing, whereas its penetration rate in China is between 1 to 2 percent," Wang said. "There's definitely plenty of room for growth."

Conductor Feng Fanping writes the farmers' information on a whiteboard in case someone needs to contact them to buy produce. [Photo by Zhao Chen/for China Daily]

Combining the application of distributed data storage, encryption algorithms and other advanced technologies, blockchain offers an open and decentralized database of any transaction involving money, goods, property and several others. It provides a high level of security by creating a record whose authenticity could be verified by the whole community.

Companies in garment, home textile, knitting, carpet and embroidery industries which usually employ plenty of workers are especially supported by the policies and investment, he said.