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An unexplored area featuring Danxia rock formations in Chenzhou city of Hunan province has become a viral hit recently.

Analysts said China should continue boosting its domestic gas production while importing more natural gas from abroad to meet the ever-increasing domestic gas demand.

And on Thursday, the Financial Stability and Development Committee, the country's Cabinet-level financial regulatory body and part of the State Council, China's Cabinet, stressed several priorities: balance the relationship between stabilizing growth and preventing risks; enhance counter-cyclical adjustments; further reform the capital market as well as small and medium banks; ensure healthy development of the private fund industry; achieve financial inclusion and fair competition; encourage commercial banks, especially small and medium ones, to increase capital through multiple channels; improve the long-term mechanism to prevent, resolve and dispose of financial risks, so as to stabilize the financial system and sustain the economic and social stability.

Analysts said that 2018 will be good for the residential leasing market as central and local authorities continue to encourage development of rental housing projects, giving developers strong incentives such as favorable financing conditions. Land supplies also lean to the leasing market instead of pure commercial sites.

And ignoring the resistance of vested interst groups to reforms, China should instead deepen the reforms to enhance public confidence in their effectiveness for the betterment of the country as a whole.