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China's consumer price index (CPI), a main gauge of inflation, rose 1.4 percent on average in the first half of the year. Excluding volatile food and energy prices, the core CPI increased 2.1 percent year-on-year.

China's independently-developed J-10B thrust-vectoring control (TVC) demonstrator, the J-20 stealth fighter, the Y-20 military transporter and the Wing Loong UAS (unmanned aircraft system) series were on display.

China's growth in the first quarter was stronger than expected, and the growth momentum increased in March. Another positive factor to support the projection at 6.2 percent for this year is the government's strong fiscal stimulus package, according to John Litwack, the World Bank's lead economist for China.

China's civil aviation industry has been recovering since May and has been performing better, Yu said, adding that passenger volume in the domestic market has almost reached last year's level.

China's mobile payment sector has seen rapid development, driven by improved Internet infrastructure, increased use of mobile phones and innovation of financial services.