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China's ferrous metal industry is set to post a strong performance in the first half of the year on the back of government measures to cut overcapacity and optimize the industry's structure, experts said.

China's direct investment in countries and regions that are part of the Belt and Road Initiative is estimated to reach billion in 2020, up 100 percent from the levels seen in 2014, according to a new report from Commerzbank AG, Germany's second-biggest bank by assets.

China's economic growth will maintain an uptrend in the long run on the back of the Chinese government's commitment to improving the domestic business environment, strong promotion of the development of private enterprises, and encouragement to foreign investments in the country.

China's corporate debt is equivalent to 160 percent of the country's GDP, said Huang Qifan, deputy head of the National People's Congress Financial and Economic Affairs Committee, in June. That means the scale of debt to be converted would be colossal even if a small proportion of the debt is included in the program.

China's fixed-asset in railway infrastructure reached 325.9 billion (.5 billion) in the first half of this year, exceeding its investment goal, according to the country's top railway operator on Monday.