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China welcomes Japanese investments and local governments should build an inviting business environment for foreign investors, Li said.

China unveiled a plan for the integrated development of the delta in December as part of its national strategies for integrated regional development, which also involve integrated development of the Beijing-Tianjin-Hebei region, the Yangtze River Economic Belt, and the Guangdong-Hong Kong-Macao Greater Bay Area.

China picked up the pace in importing crude oil in July, from a 4.9 percent decrease to a 3.7 percent increase.

China issued local government bonds worth 301.8 billion yuan in April and 521.3 billion yuan in the first four months of this year, all for debt swaps and refunding.

China might lose the chance to understand the future growth potential of blockchain-related technology without a safety net created by the government, because regulators might worry about risks, Yang said.