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China's exports grew by 7.7 percent year-on-year in May, registering a total volume of 1.43 trillion yuan (5 billion), according to the General Administration of Customs. The volume of imports reached 1.16 trillion yuan, down 2.5 percent year-on-year.

China's internet powerhouses are striving ahead as pioneers in a government-led reform to shake up the country's bloated State-owned enterprises.

China's economic growth remains resilient and the momentum may at least head into the end of this year as the country's manufacturing Purchasing Managers' Index picked up in November, analysts said.

China's investment in the green energy sector reached .8 billion last year, ranking first in the world, according to a report released by China Economic Information Service.

China's opening-up policy has served as a lifeline for Hainan's economy and a driver of the island province's rapid development over the past three decades. It is also the primary strategy for building a free trade zone and free trade port.