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China's foreign exchange policy will likely continue to focus on maintaining a healthy two-way fluctuations and stabilizing market's confidence in the Chinese currency, Ding said.

China's consumer price index, a main gauge of inflation, rose 1.9 percent year-on-year in June, compared with 1.8 percent for May, according to the National Bureau of Statistics.

China's dairy industry has been expanding its reach in global markets in recent years, with Inner Mongolia Yili Industrial Group, the largest dairy producer in China and Asia, prioritizing global dairy resource security capacity and a management team with global vision.

China's overall employment conditions are stable, but still face structural challenges due to the transformation and upgrading of industries as well as domestic and international uncertainties, according to a guideline released by the National Development and Reform Commission and 16 other government agencies.

China's growth over the last 40-plus years has been called an economic miracle. [Photo by Cai Meng/China Daily]