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Analysts said the stronger performance of the service sector adds to the evidence that the Chinese economy is stabilizing and that the sector, which already accounts for more than half of China's GDP, will continue as a key growth driver in 2020.

Analysts point out that the big three telecommunication carriers are displaying fatigue in revenue and profit growth, amid mounting competition in mobile services to gain users as well as continuous investment in 5G.

And then because of the changing economy, you want companies with the capacity to invest in this, to invest in upscaling, to create opportunities for their employees to learn new skills so that they can find jobs that are higher paying. We have been doing this for a long time with our Career Choice Program. We just announced this 0 million investment to upskill a hundred thousand Amazonians over the next several years. That’s not just fulfillment center workers. That’s software developers who want to learn new skills. Some of the skills they learn will mean that they’ll stay at Amazon. Sometimes they’ll learn skills that take them elsewhere and that’s okay too. But that’s what you want companies to do and companies of scale, like Amazon, can do something like that and have a broader impact.

And amid the flurry of opinions, guidance and suggestions about what to do next, graduates somehow have to form their own opinions on how to proceed-and stick to their decision.

Analysts said the moves are in line with Xi Jinping thought on socialist economy with Chinese characteristics, which upholds the market's decisive role in resource allocation and calls for better performance from the government in its role.