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"Cosmetics brands have also innovated continuously to attract consumers who like to follow the latest fashion trends or reward themselves with beautiful items, try on new products or make repeated purchases," Jin said, adding that some 59 percent of consumers have many lipsticks that they have not used.

"China's economy is also at a crossroads. We could get either sustained growth or massive risks breaking out," Chen said.

"China's express delivery industry is transforming to develop service quality, so slowdown of business growth rate is inevitable," said Yang Daqing, contributing researcher at the China Society of Logistics.

"China's marine interests are growing fast, and it needs a strong Navy to safeguard those interests. A modernized navy also allows China to shoulder more responsibilities, such as peacekeeping and escort missions, and maintain regional and world peace."

"China's fiscal package is modest compared to global peers," said Zhu Haibin, JPMorgan chief China economist. "The important difference is the composition of the fiscal package. China's fiscal package includes a higher share of stimulus component-fiscal support for investment activity that creates new jobs."