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"Considering that the regulator has significantly shortened the process of granting preparatory approvals to Bank of China Ltd and China Construction Bank Corp, and that many banks - especially large ones - have almost completed the preparatory work in terms of organizational frameworks, operating systems and staffing, the first batch of wealth management subsidiaries are expected to be formally established around the middle of this year," said Yang Yu, an analyst at the Shanghai-headquartered Hwabao Securities Co Ltd, in a research note.

"China's reforms have come to a stage where the leftovers are the 'hardest bones,'" said Wang.

"China's smart cities market is projected to increase about 30 percent year-on-year in 2018, and all the provincial and sub-provincial cities have launched development and construction for smart cities, with more to follow suit," said Pierpaolo Franco, managing director of London-based Royal Institution of Chartered Surveyors, Greater China.

"China's beverage market is diversified with a wide range of products. Tea is a relatively large market in China, accounting for about 14 percent to 15 percent of the market share, while soda water was 13 percent. We will strive for a dominant position or a front ranking in soda water, tea, coffee, energy drinks and other categories in the future," So said.

"Cortisol affects many different functions so it is important to fully investigate how high levels of the hormone may affect the brain," said the study's author Justin B. Echouffo-Tcheugui with Harvard Medical School.