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"Colleges and universities have rights to their names. As for some noted universities, they do not have to apply for trademarks to safeguard their legal rights. They can protect their rights by initial legal procedures for violations of rights to their names and unfair competition," said Gao Quanlong, a lawyer at Z&T Law Firm.

"China's smartphone market is declining because consumers are holding on to their phones for longer, operators like China Mobile have reduced their smartphone subsidies, and device makers such as Huawei have launched fewer 'wow' models to tempt shoppers back into retail stores. Some consumers are finding their smartphones 'good enough" and are pausing on upgrading," Neil Mawston, executive director at Boston-based Strategy Analytics, said in an email.

"Cloud platform" refers to a new type of automated manufacturing that combines advanced machines with internet-connected sensors and big data analytics.

"Cross-border e-commerce can be an ideal way for foreign companies to debut in China thanks to easier access, lower costs and reduced time for market entrance," said Zhang Tianbing, Deloitte Asia-Pacific consumer products and retail industry leader.

"Consumption now remains the main driver of economic growth," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "Due to rising Sino-US trade disputes, we are facing many external uncertainties. Therefore, we need to focus on boosting domestic demand. Considering the current levels of per capita rural and urban incomes and the proportion of consumption to the total GDP, there is a lot of room for consumption growth."