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Meanwhile 80 percent of the companies remain optimistic about the future development of Guangdong-Hong Kong-Macao Greater Bay Area, said Seyedin.

Meanwhile, import growth might retreat to a single-digit rate in the second half over weaker commodities prices and milder domestic demand, Lian said.

Meanwhile, healthcare for the elderly may also see a growing need, and that will drive the development of traditional Chinese medicine, and related industries like herbs, senior care, and Yangsheng (life nurturing).

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Max Xu, head of China retail banking and consumer distribution at Citi China, said the newly launched wealth management service will take advantage of Citi's global network and will give Chinese clients access to equities, bonds, commodities and mutual funds in the global market.

Meanwhile, technology also reshaped consumption during Golden Week. Daily transactions of online payments rose 79.92 percent year-on-year during the Oct 1-7 period, according to the Chinese online payment clearinghouse NetsUnion Clearing Corporation.

Meanwhile, Trump urged world powers to quit the 2015 nuclear accord with Iran. The US withdrew in May 2018 and has tried to promote a new agreement, in Trump's words, to make the world "a safer and more peaceful place" and allow Iran "to thrive and prosper".

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Meanwhile, the STAR market, or the sci-tech innovation board of the Shanghai Stock Exchange, saw 73 companies listed during the same period.

Meanwhile, equipment costs dropped 12 percent, while engineering costs fell 8 percent.

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Meanwhile, China's telecommunications giant Huawei has sold network equipment to most major carriers in Europe and is working closely with European partners on research and deployment into 5G technology.

Meanwhile Rodrigo Cipriani Foresio, director of Alibaba Group for Spain, Italy, Portugal and Greece said the two companies "hope to unite our forces to offer consumers in China and the entire world, the best products and experiences".