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"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."

"Chinese consumers are pinning their highest hopes on new autonomous driving vehicle companies, with their trust based on their technologies' reputation. Their trust in new autonomous driving vehicle companies is about twice that for traditional carmakers," Zhou said.

"Compatriots on both sides of the Taiwan Straits have worked together to overcome difficulties, maintained warm people-to-people exchanges, and forged closer bonds," he noted in the article. "The year 2020 will be the year when we finish building a moderately prosperous society in all respects and complete the 13th five-year plan, marking a milestone for the Chinese nation toward its rejuvenation."

"Competition is definitely fierce," said Zhao Huanyan, chief analyst at Shenzhen-based hospitality consultancy Huamei. "For platforms like Fliggy, scaling by gathering more hotel resources is a prerequisite before technology can make a difference and generate profits."

"Cosmetics brands have also innovated continuously to attract consumers who like to follow the latest fashion trends or reward themselves with beautiful items, try on new products or make repeated purchases," Jin said, adding that some 59 percent of consumers have many lipsticks that they have not used.