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"For instance, the loosened daily gain or loss limit will make speculative trading harder, leading to lower attractiveness of the stocks without solid fundamentals," said Liu.

"Generally speaking, the product is meant to take the place of aluminum foil in similar industrial applications, like the fields of aerospace, electronics, petrochemicals and automobiles.

"Given that Lu's behavior represented bribery and the amount was huge, he should be punished in line with the law," the court said in the ruling.

"Given the sheer size of China's economy, a dip in growth rate is no cause for heightened worries over the stable economic trajectory," Zhang said, adding that doomsayers targeting China's economy should pay more attention to the quality of growth and how the nation stands at the forefront of the new round of technological revolution.

"Hainan is one of the world's most prestigious airlines and we are proud to be working with them. This is something the city has worked towards for a number of years and we are delighted to see this day finally arrive."