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China's economy has grown rapidly since then, becoming the world's second largest and an engine of world economy, and contributing more than 30 percent of global growth.

China's energy revolution is sparking a swifter global transition to clean power, according to a new study, meaning that, in two decades, the world could generate 40 percent of its power from renewable resources.

China's fixed-asset investment rose 5.5 percent year-on-year in the first seven months of the year, down from 6 percent for January-June, data from the National Bureau of Statistics showed Tuesday.

China's economic development and opening up of its market provided more opportunities for career development and a salary hike for expats, according to the results of a survey by HSBC Holdings Plc.

China's economic growth is likely to contract sharply in the first quarter and the policy focus in the coming months should be on containing the risk of rising unemployment and preventing temporary shocks caused by the novel coronavirus outbreak from becoming permanent damage, economists said.