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Marita Hart, a 77-year-old retired flight attendant, weaves through the crowd, smiling and patting attendees on the back.

Martin Steinbach, head of IPO listing services for the consulting concern EY (Ernst & Young) in Germany, expects a cautious start with activity increasing in the second half.

Market demand for information technology talent will continue to grow after seeing an increase in the past quarter, and IT companies are scrambling for talent with 5G knowledge, online recruitment companies said.

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Marine Cabos-Brulle, an art historian and founder of the Photography of China platform, which aims to offer a perspective of China and history through the eyes of people who love photographs, said the rise in the number of Chinese photographers on the global stage has been noticeable, particularly in the growing number of "specialized fairs, photography festivals, and institutions which have endeavored to offer an international platform for Chinese contemporary photography".

Market volatility may still linger as risks — such as major central bank policy changes, geopolitical uncertainties and power shifts — exist in the second half of the year, the firm said.

Mawston said the iPhone has been struggling in China for the past three years after major carriers like China Telecom reduced their subsidy programs for 4G smartphones. “De-subsidization has made the iPhone look much more expensive at the point of sale in China, causing iPhone demand to crash,” he said.

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Many of the country's energy giants, especially those in the oil and gas industry, have seen the renewable energy sector accounting for a bigger proportion in their businesses in recent years. They have pledged to gradually increase the share of clean energy production capacity through increasing output of natural gas and related facilities.

Many of those who stayed in Detroit, like Owens, looked for whatever opportunities they had personally. Some who had a family recipe started food businesses, some opened stores selling furniture made from recycled materials, and others opened shops selling handmade goods such as notebooks and jewelry.

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Market observers expect the new IPO system to be launched on the ChiNext board later next month at the earliest. The IPO reform is an expansion of the practice of the STAR Market in Shanghai where China first experimented with the registration-based system last July.

Many of these are blue collar workers, who tend to have jobs in which they must physically be present -- factory workers, hair stylists, waiters and bartenders -- as opposed to white collar workers, who can usually work from home.