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China's current development should focus on quality, Zhu said, adding that Xiongan aims to see green, creative, high-quality and high-end development, which will become a role model for other regions in the country.

China's home furnishing and decoration industry has seen steady growth at a rate of 7 percent annually the past few years. The highlights were in online shopping due to its wide selection and convenience.

China's largest private carmaker Geely sold 126,365 vehicles in September, up 11 percent year-on-year and also up 11 percent from August. Over the first three quarters, the carmaker delivered over 875,000 vehicles, 66 percent of its sales target for the year.

China's consumer price index, a primary barometer of inflation, rose by 2.2 percent year-on-year in November, down from 2.5 percent in October, the National Bureau of Statistics said on Sunday.

China's outbound tourism market is estimated to increase by 5 percent annually on average in the coming years, bringing the number of outbound tourists to 157 million in 2020, said Dai Bin, CTA president.