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Analysts predict decline in CPI by second half of next year after jump in October

And during local festivities, company staff get into the spirit by offering gifts to villagers and passing on best wishes to the local government, Wang said.

And there is the unresolved business of Nissan's fractious alliance with Mitsubishi Motors and Renault.

Andy Ho, CEO of Philips (China). [Photo provided to chinadaily.com.cn]

Analysts said the campaign is more geared toward gaining a larger share in the thriving mobile payment landscape in China and beyond borders, where competition is intensifying between Alipay and WeChat Pay, a rival service from Tencent Holdings Ltd.