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"Consumption shot up 13.3 percent in the first two months of 2018 chiefly due to unusual weather conditions," he said.

"Cutting capacity has (helped boost) steel demand," Chen said. "But without a strong need for steel, strict environmental protection policies cannot account for the price rise."

"Chinese students usually do well in basic subjects, such as mathematics, physics and chemistry. But when it comes to subjects that require problem-solving ability and creativity, they lag far behind their counterparts in the US," says Wang Huijuan, mother of a 6-year-old boy in Shenzhen.

"Creating art gives artists purpose and fulfillment in life, and as long as they have an audience, they are creating cultural products that mean something to the public," he said.

"Consumers may think UnionPay was too slow and trailing Alipay and WeChat Pay. But, UnionPay launched QR code-based payments only after the authorities officially approved such mobile payment systems," said Liu Fei, a retail sector researcher with Shanghai Mingshan Consulting.