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"Chinese consumers have been really receptive to the product and its proposition. The reuse rate is extremely high. We see a robust market there owing to Chinese mothers' preference for safer and more premium baby formulas, the consumption upgrade and the universal second-child policy, that have helped to adopt and grow this new category and lead a new trend," he said.

"Cross-Straits relations in the new era face new opportunities and space for development," said Yu. "We will fully implement the policies adopted by the 19th CPC National Congress and help promote the continuous development of cross-Straits relations."

"Currently, the European Union has the world's biggest carbon-trading system, but China's emissions market being established is more than likely to replace the EU to become the world's biggest one," Vicky Pollard, environmental counselor in the EU delegation to China, told 21st Century Business Herald.

"Costco is good at building a loyal shopper base through its paid membership program with low prices and a select number of stock-keeping units. The question is whether they can replicate this in China easily," said Jason Yu, general manager of Kantar Worldpanel China.

"China's economic volume is very large and it is now aimed at higher quality growth. We believe that the share of the Chinese mainland stock market in the global market will gradually increase," she added.