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"Establishing their own wealth management subsidiaries is one of the steps taken by banks to make a transition in terms of asset management. What is more challenging for the reform is how the customers will react to the switch of wealth management products from the expected returns model to the net asset value model, which does not guarantee the return of principal and interest," he said.

"Despite a slim chance of local dengue fever outbreaks, people in Beijing, a global metropolis, are still at risk of catching infectious diseases due to the city's frequent communication with foreign countries vulnerable to such diseases," Zeng said.

"Education is a top priority in China and families invest heavily both in resources and time to provide their children with the best education possible."

"Duty-free consumption has become a crucial part of the domestic economic circulation," said Wang Yiwu, director of the Economics Research Institute of Hainan University, noting that because of the pandemic, many Chinese people could not go abroad, which led to the boom of duty-free shopping in Hainan to some extent.

"Even if the price gap between China's northern and southern gas markets was wide enough to make the transport of regasified LNG from the southern terminals to the north economical, pipeline infrastructure connecting both ends is not sufficient to accommodate the current seasonal demand surge," Abreu said.