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"Clearly June 18 being a shopping period rather than a day aims to provide customers with ample time to make purchase decisions, which is also a way to set it apart from the Singles Day," said Neil Wang, president of consultancy Frost & Sullivan China.

"China wants on build 5G networks at a pace that is moderately ahead of schedule, as the country is entering a lead-in period in 5G construction in the coming three years, " Wen said.

"Currently, 95 percent of our 4S stores have reopened except those in Wuhan and Xiaogan," said Liu Hong, vice-general manager of Dongfeng passenger vehicles assembly shop.

"Chinese researchers and entrepreneurs are among the best in the world, with technological innovations and good earnings in the sector," said Liu Lihua, vice minister of industry and information technology.

"Considering China's domestic situation, which is at a different stage of the economic cycle compared with the US, China now should not tighten (the monetary policy), but may moderately ease under some circumstances," said Yu Yongding, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, who served on the Monetary Policy Committee of the People's Bank of China from 2004 to 2006.