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"Chinese parents are the most focused parents in the world and they are paying a lot of attention to the development of their kids. Most of them have a very positive attitude toward football and see it as a means to help their kids grow," he said.

"China's exports saw challenges with the rise of trade protectionism," Ren added. "The economy also felt the pinch from a tightening of liquidity conditions during financial deleveraging. While this has reduced credit risk, it has also increased financing difficulties for private enterprises."

"China's demographic dividend is disappearing," Wang Bin, co-founder and president of the venture and technology-focused media platform iyiou, said during a recent annual innovation conference in Beijing, adding that seniors can be relied upon as a reliable market.

"Courts at all levels nationwide must learn from wrongful judgments to uphold justice and prevent innocent people from being wrongfully convicted," said Zhou Qiang, president of the Supreme People's Court.

"China's fast and effective control of the pandemic helped restore consumers' confidence, which is crucial for big-ticket items like cars," said Thomas Fang, vice-president of consulting firm Roland Berger's China office.