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"Going global and innovation are the two most important development strategies for our company, and now we feel encouraged, because a lot of government policies are inspiring to companies like us that want to expand overseas business," Shen said.

"Growth of China's app economy is accelerating, putting it within striking distance of economies like Japan and the United States, said Bertrand Schmitt, CEO and co-founder of App Annie, a mobile analytics institute.

"From 2018 to 2020, the prices of Moutai's classic Feitian liquor are expected to increase by 22 percent, 15 percent and 15 percent each year, respectively. The sales channels of Moutai will continue to expand to more smaller Chinese cities and e-commerce platforms."

"Fine ashfall can cause irritation and breathing problems especially among the elderly and children and it is particularly dangerous to the health," the institute warned. In addition, it said that "areas of ashfall have also experienced sulfurous smell which can also cause irritation."

"For financial institutions, the most difficult thing is trying to figure out how to get better returns from their investment, how to change their culture, people and their mindset. The softer side is much more difficult for larger financial institutions. It had faced the challenge before and it will continue to be a challenge."