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And cultivating the food we need to survive is a damaging process, with emissions and pollutants from agriculture threatening both the environment and human health.

Andy Wen, CEO of Kuka Robotics China, the local arm, said such a projection is based on the fact that between 35 percent and 38 percent of Kuka's global robot sales revenue was generated in China in 2016, and the company's goal is to raise the figure to 50 to 55 percent by 2020.

Analysts said the surge shows investors are optimistic about the company's potential, although Nio still faces many challenges in the cutthroat new energy vehicle market, especially after its IPO last month.

Analysts said that as the effect of the country’s financial tightening since last year is gradually unfolding, the economy will face some downward growth pressure in the coming two to three quarters.

And the function of bookstores has expanded from merely selling books to cultural and entertaining consumption－to evolve into "a hub of events and gatherings for publishing companies, writers, key opinion leaders and book enthusiasts", Ren added.