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Andy Rubin. (Essential Photo)

Analysts hold there is room for further tax reductions through measures such as lowering corporate income tax and expanding the scope of expense reductions for enterprises. Currently, China has three brackets for value-added taxes at the ratios of 17 percent, 11 percent and 6 percent respectively. The country can reduce the three brackets into two in the future, analysts suggest.

And it is not the only spot in the government's tourism plan to suffer a disaster－natural or man-made－that could scare away tourists.

Analysts say commercial space activity could help lower costs and increase the efficiency of space activities, and accelerate technology development.

And, rising interest rates at home and abroad are hurting smaller lenders. While they enjoy a tip of surging loan rates but, with a narrower deposit base, they have to put up with heavier funding costs in the interbank market, where the State-own banks are the biggest lenders, noted Herrero.