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"China's urbanization has been further advancing along with the development of the Belt and Road Initiative. It began in coastal areas and eastern city clusters, and then extended to China's midwest regions, leading to the rapid development of a host of lower-tier cities," said Ding from Nielsen China.

"China-India cooperation in trade and economy are mutually beneficial. It is hoped India and China would jointly maintain their hard-won cooperation and development and create an open, fair and just business environment for international investors and service providers, including Chinese companies," Gao said.

"Collecting and analyzing big data and exploring its potential value can help companies truly achieve smart manufacturing by increasing efficiency and flexibility, improving quality and reducing costs," he said.

"Consumption is expected to rise around 2 percent year-on-year in July as China's consumption market will further warm up in the second half," Tang Jianwei, chief researcher of the Bank of Communications, told the paper.

"China's mobile industry has been a key driver of economic growth, inclusion and modernization－creating a new generation of digital consumers and transforming industry and society," Granryd added.