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Analysts from Jufeng Investment Information said the Shanghai Composite Index hit 3,458 points in July, the first time that the index had crossed the 3400 mark. The performance of companies, including nonferrous metal companies, which are closely related to economic cycles, started to pick up in July after the economic recovery started gaining momentum. While there were price fluctuations in October, resources companies such as nonferrous metal companies and coal manufacturers started showing strong growth from early November.

Analysed by industry, employment in Hotels and Gaming & Junket Activities registered an increase, while that in Construction and Restaurants & Similar Activities saw a decrease.

And the increasing expenditure goes to more sophisticated and experiential activities, according to a report by consultancy Oliver Wyman, which showcased that overall trip spending surged against a precarious drop dedicated to shopping when the Chinese travel overseas last year.

And, he said, crop stubble burning in India's states of Punjab and Haryana increases the SPM load significantly, especially during winter.

Andy Palmer, CEO of British sports carmaker Aston Martin, called it a "remarkable" step.