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And then, there're the vested interests in different businesses that are dead set against potential disruptions to the way they've been doing business. The case in point is the car-hailing service, particularly Uber.

Analyses of CTI from different tiers show that the first- and second-tier cities saw an increase of 7 and 8 points year-on-year to 114 points and 119 points respectively.

Analysts said the growing presence of Honor in offline markets shows that retailers are optimistic about the company's prospects and are willing to become partners in the new company.

And this is evident by the adverts placed on local dailies inviting entrepreneurs wishing to travel to the big city. The entrepreneurs are offered subsidized costs in hotel books and air ticket on a first come basis.

Analysts say the interest rate reform will lower financing costs for small and private companies and encourage investment in the manufacturing sector.