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Analysys estimates China's mobile payment market will account for transactions worth 100 trillion yuan by 2019.

Andrew Dewey, CEO of Organiponic, said that China has only about 7 percent of the arable land in the world yet needs to feed 20 percent of the world's population. That's a big challenge he thinks his company's home agriculture system can help solve.

Analysts and industry insiders believed that market optimism across the board on potential progress to be made in China-US trade relations, as well as the long-term resilience of the Chinese economy, has fueled the yuan's rally to pick up steam during the week.

And in October, authorities briefly arrested Ovidio Guzman, son of jailed kingpin Joaquin "El Chapo" Guzman, and then were forced to release him when gunmen from their Sinaloa cartel laid siege to the western city of Culiacan.

Anhui, Yunnan and Jiangxi provinces were the mainstay of the domestic consumption rise, with annual growth rates of 11.1 percent between January and March this year, according to data from the National Bureau of Statistics.