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Chinese people's desire for leisure activities is rising thanks to high-quality economic growth, but the development of the sector is being hindered by a lack of free time and suitable products, the Tourism Research Center of the Chinese Academy of Social Sciences said in an annual report released on Monday.

Chinese investment now amounts to billion in Vietnam, with .28 billion made last year.

Chinese government officials whom Walker has met over the years are "very highly educated, very committed to the well-being of the people, and (are) always learning", he said, and the people there are "outgoing, happy, energetic (and) proud".

Chinese consumers' brand awareness and concepts of quality have become increasingly mature. Growing awareness of what's available to consumers in other markets has led consumers to prefer buying high-quality products from overseas vendors, the report said.

Chinese lenders bought 8.2 billion of foreign currencies and sold 4.4 billion from January to June, resulting in a net purchase of .8 billion, according to Wang Chunying, spokesperson for the State Administration of Foreign Exchange (SAFE).