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An offline package pickup station for Xiaohongshu, or Redhome, in Zhengzhou, May 31, 2018. [Photo/VCG]

Analysts anticipate tougher years for the battery segment amid a glut of capacity and the phasing out of subsidies for the sector.

Analysts from Qianhai Alliance Asset Management said that the leading price-to-earnings ratio of the A-share market was at 15.5 times when the market closed on Friday, which was already at the bottom level based on historical data. In this sense, the valuation is quite attractive and investors could look for opportunities in leading companies in pharmaceuticals, consumption, technology, financial and infrastructure industries.

Analysts said that key cities' economic growth reflect the overall trend of China's economic growth pattern which is shifting to a consumption-driven one, and they are undergoing changes amid reducing overcapacity and supporting the growth of emerging sectors such as high-tech and smart manufacturing.

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.