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China's efforts to make financial services more accessible and affordable for small businesses via technological innovations have made headway since the nation released its fintech development blueprint a year ago, officials and experts said.

China's leading electric carmaker BYD presents its new energy model on the 2019 Haikou International New Energy Vehicle Show. [Photo by Zhang Dandan/China Daily]

China's economy continued steady expansion in the first three quarters, with growth at 6.9 percent year-on-year, above the government target of 6.5 percent for 2017.

China's comparative advantages in areas like policy facilitation, technology accumulation and labor quality will help the country attract more high-quality foreign investment that values efficiency, market potential and innovation, said a member of the nation's top political advisory body.

China's economic growth is projected to be 6.2 percent for 2019, the same as the IMF's previous prediction in October. Domestic demand is also estimated to remain robust, aided by policies to boost consumption this year, the IMF said in its Global Economic Prospects.