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"Compared with large State-owned commercial banks and national joint-stock commercial lenders, city and rural commercial banks, also known as small and medium-sized banks, are weaker in terms of the capital adequacy ratio. They also demonstrated significant regional differences in their interim results. Some of them are financially stable, whereas some are facing major risk exposures," said Michael Hu, PwC China financial services partner.

"China's well-planned industrial systems and sound infrastructure gives us the confidence to retain foreign companies. We will also work harder to create a better pro-business environment for them and offer higher-quality services," Huang said.

"Chinese consumers have become increasingly willing to pay for better services in the past one to two years," said Chen Zhiyu, senior vicepresident of Sam's Club China. He predicted that the membership model would enter a phase of explosive growth in the years to come.

"Criminals in such cases are normally sentenced to detention due to insufficient evidence," said Ren Haitao, an associate professor of law at East China Normal University. "Victims often feel too ashamed to contact the police, and they avoid investigation."

"Compared with traditional vehicles, NEVs are better in aspects such as the exemption from restrictions on license plate numbers, the government subsidies, the lower price of electricity versus that of petrol and the particular appeal to environmentalist consumers," said Lin Boqiang, head of China Institute for Studies in Energy Policy at Xiamen University.