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"China is Apple's second most important market, after the US. China accounts for three in 10 of all smartphones sold worldwide, and it is a market Apple simply cannot ignore," Neil Mawston of Strategy Analytics told China Daily.

"China has signed 103 cooperation documents with 88 countries and international organizations on jointly constructing the Belt and Road Initiative during the past year. 255 of the agreements reached during last year's forum are under progress with 24 of them progressing steadily," said Meng.

"China continues to lead the adoption of robotics globally, primarily driven by strong spending growth in process manufacturing and cross-industry applications," Zhang Jingbing, research director with IDC Worldwide Robotics and Asia Pacific Manufacturing Insights, said in the press release.

"Catering enterprises generally don't have much assets in stock－to reserve cash for two-and-a-half months at maximum. That's why continuous revenue plays an important role," he said, adding how long before circumstances improve would determine the survival of many companies in the sector, especially small- and medium-sized firms.

"China has indeed contributed to the global wage growth," said Su Zhongxing, dean for Human Resources Management at Renmin University of China. "China has a large labor population, and also its wage grew rapidly in recent years. These factors obviously helped the world's wage to rise."