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Chris Morton, chief executive officer of online luxury retailer Lyst, in which Arnault's family has also invested, said that luxury brands will face the risk of being eliminated if they continue to ignore consumers' needs and overlook digitalization.

Chu Xin, director of the county's culture and tourism bureau, promoted the products of Weishan Lake, such as salted duck eggs, lotus leaf tea and lotus leaf cakes, in the online video.

Cities are already eyeing autonomous shuttle services.

Chinese sales of passenger vehicles, MPVs, SUVs and minivans in March dropped 12 percent on a yearly basis to 1.78 million units.

Citing downward pressure such as slowing credit growth as China focused on financial stability and deleveraging, a downturn in the real estate sector and slower export growth, Bloomberg chief Asia economist Tom Orlik expected China's GDP growth to slow to 6.5 percent in the fourth quarter from 6.9 percent in the second quarter.