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Analysts said that the reform measures are an example of China's efforts to deepen market-based reform in the financial and banking industry. It is also a response to the top leadership's call for improving the role of the financial industry to better serve the economy and support smaller businesses which is crucial for the country to achieve the goal of ensuring stability in key areas such as employment and people's livelihoods.

An oil refining facility is seen in this file photo in Dalian, Liaoning province. [Photo/Xinhua]

Analysts at Barclays believe the market for plant-based meat substitutes could grow by 1,000 percent in the next 10 years to 0 billion in annual sales. The nascent plant-based fish sector could be a follow-on to Beyond Meat's successful IPO that in May rose 163 percent from the offering price of a share on the first day of trading and recently fetched 1.39, down from an early high of 9.71.

Analyzed by mode of transport, the visitor arrivals by land surged by 45.4 percent year-on-year to 2.53 million in April, with 1.76 million arriving through the Border Gate and more than half a million via the Hong Kong-Zhuhai-Macao Bridge.

Analysts said steering towards green packaging is the long-term trend for the courier sector although it still needs time to achieve a complete transformation.