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China's employment was also sound with unemployment rate dropping in April, another indication of steady economic growth, Liu said. The surveyed unemployment rate in urban areas was 4.9 percent in April, 0.2 percentage point lower than that of the previous month, according to the NBS.

China's commercial banks will continually increase lending to small businesses with sound tax payment records to ease shocks from the coronavirus pandemic, the country's tax authorities and bank regulators said on Wednesday.

China's mobile payments totaled 81 trillion yuan (about .77 trillion) as of October 2017, the world's largest volume, according to the Chinese Ministry of Industry and Information Technology. It was much more than the volume for the whole of 2016, which stood at 58.8 trillion yuan.

China's civil aviation authority said that efforts will be made to increase the transfer capacity of airports in the Greater Bay Area to avoid disruption to trips between the mainland and Hong Kong following the recent disruption to Hong Kong airport.

China's opening-up policy also provides more opportunities for foreign firms to connect with the world.