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China's eagerness to boost imports is driving the current account balance amid downward pressure, and the trend could be intensified after the year's biggest import tariff cuts take effect, influencing sentiment on financial stability and the exchange rate, according to experts.

China's newly established career advisories rose from 76 in 2015 to 130 in 2016 and to 166 in 2017, according to available data. Industry specialists estimate that there are some 400 such services now in all Chinese mainland cities.

China's online population reached 751 million this June, up 2.7 percent from the end of 2016, according to the China Internet Network Information Center. A total of 724 million Chinese now use mobile phones to go online, accounting for 96.3 percent of the online population.

China's economic activity rose from a trough of around 20 percent of normal levels in February 2020 to 90 percent in the span of just three months, ECB analysts said in the article, citing both traditional data and non-conventional high-frequency economic indicators.

China's consumption upgrade presents many opportunities for BRI economies to export lifestyle-related foodstuffs like sugar, dairy, meat and edible oil to the mainland. Such economies will likely benefit, given their surging production capacity in the agricultural sector, thanks to modern agricultural technologies and solutions made possible by the BRI.