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"For decades, trains were the top transport choice of travelers, especially before 2000 when there were hardly any other choices for long journeys," he said, recalling how crowded the carriages were during peak travel seasons. "Passengers were everywhere - on the aisles, under the seats, and even in the toilets.

"Folk tunes are essential for everyone's cultural identity. Listening to them, I started to hear classical music with new ears, realizing how profoundly folk songs and dances had influenced so many classical composers. I got to know wonderful music through my trips to many different countries and wanted to present some of this music on my album," he added.

"Generally speaking, small and medium-sized banks still have adequate capital and liquidity. Their overall risks are under control," said Wen Bin, a researcher at China Minsheng Banking Corp.

"Generally, the number of workers aged 18 to 64 is dwindling, while the older population is increasing, leading to a manpower shortage in some industries," he said.

"From a wider perspective, the large number of members of co-working facilities will help increase the daily flow of consumers at the developers' commercial complexes. The business atmosphere will be more vibrant and therefore the developers can increase their properties' value in terms of rent, profit and commercial value," she said.