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"Consumers look for high-end consumption environment and experience. They want to eat good food in a pleasant environment, demonstrating upgraded consumption demand," said the report.

"Chinese commodities, services and brands of the past represent quality, the Chinese spirit and creation of China," said Ma Qiji, a media researcher at Peking University. "It's a necessary attempt to bring new life to those brands with digital methods."

"Chinese regulators have allowed multiple securities, asset management, insurance, and other financial firms from the United States, Europe, and Japan to convert existing minority positions in joint ventures with Chinese partners to majority foreign-owned firms and have licensed a number of new wholly foreign-owned financial firms," Lardy noted in an analysis.

"Chinese became curious about the place and wanted to visit," he said.

"Construction of the lane will be completed by June next year," Yang said. "In addition to two regular lanes in each direction, the center lane will be reversible and serve as a passing lane. To make it more convenient for riders, the lane will have eight pairs of exits and entrances. There will be no traffic lights along the whole distance."