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"China, as the largest market in terms of the amount of data, is really using AI to add value to traditional businesses," said Lee.

"Companies need to focus on the younger generation's preferences and develop more affordable and environmentally friendly products, as well as making products more convenient for consumers to recycle," she said.

"Currently, the esports industry is still at an early stage of development, and there's plenty of room for growth in esports tournaments, livestreaming and advertising," Wang said. "The business-friendly environment and the growing user base will have a positive impact on the esports growth."

"Chinese parents realize that it will benefit their kids more if they start to learn English as early as possible," said Cao Wei, general manager of Firstleap Education, a subsidiary of TAL Education Group, a domestic education and technology firm.

"China's supply-side reform has reduced overcapacity in the steel industry by closing down those with issues of pollution and outdated capacity while controlling new capacity construction, and helped reduce steelmakers' debt levels. But we expect the government will continue to fortify the results of the supply-side reform and focus more on upgrading the steel industry."