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"Companies that are able to get the benchmark interest rates are few, and in most cases, bond-issuers have to accept banks' buoyancy, which is more than 20 percent. So, the cost of loans may end up higher than direct financing costs."

"Chinese music never really developed in the West," Cai said. "We believe this program will make changes in the long run."

"China's automotive industry has been the global leader, especially in setting the latest trends and advancing cutting-edge technologies," said Johan Karlberg, a Shanghai-based partner at Roland Berger Greater China.

"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.

"Currently, autonomous vehicles will act as a supplement to our delivery staff, especially for late-night deliveries, as unmanned vehicles can work round-the-clock," he added.