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"China's 5,000-year civilization has formed its own unique culture in terms of ritual, music, literature, clothing and food," she added.

"China's gifting culture is also different from other markets. In China, a lot of products we sell are used for gifts. This is not a big trend in the Western markets, where more products are for personal use, so we have adjusted our portfolio to fit Chinese consumers in these areas," he said.

"Compared with that of 2016, the growth was stable. We see it as a result of the government's effort to promote reading," said Xu Shengguo, a member of the academy's research team. "It also shows people choose different platforms to read: books in print; e-books on computers and smartphones; and audiobooks."

"Currently, our vehicles are able to achieve level two automation. Next year, they will be level three," Zeng said. The company will gradually realize automated parking and self-driving on highways, he added.

"Chinese consumers, especially those born in the 1980s and 1990s, love living a quality life ... they like traveling, caring about their individuality, and have different pursuits to match their lifestyle. To woo them, we have brought iconic fashion such as denim, street styles and premium sporty brands to them," she said.