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"From February to March we experienced the fastest market downturn in history," said Savita Subramanian, an analyst at Bank of America, in a research note.

"From my house to the taxi station is more than 10 kilometers, and if I ride tuk-tuk (auto rickshaw), the fare is pretty high, between 20,000 riel (.9) and 25,000 riel, but riding the bus costs me only 1,500 riel," she said.

"Going forward, there might be measures to bridge the income gap between urban and rural citizens, although the latter have less pressure in housing and education, and enjoy more disposable income," Yang predicts.

"For Great Wall Motor, the main battlefield is the global market," said the company's president Wang Fengying.

"Financial institutions will issue more A-share exchange-traded funds (ETFs) to attract overseas capital inflows into the country's stock market. Whether capital inflows into the A-share market can be sustained depends on the performance of these A-share ETFs based on the stock valuation level, and the market dynamics of the A-share market," Shum told China Daily.