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China hopes that countries that have recently tightened scrutiny of foreign investment will create a fair, transparent and predictable business environment for investors across the world, the Ministry of Commerce said on Thursday.

China has seen a strong consumption trend in the first half of this year, with the bricks-and-mortar retail sector making a comeback and e-commerce maintaining steady growth, the Ministry of Commerce said on Thursday.

China imported 17.79 million metric tons of soybeans in the first quarter, a 6.4 percent increase year-on-year, Wei said, quoting figures from the Central Administration of Customs.

China is expected to continue its dominance in the global luxury scene, said Bruno Lannes, a partner in global management consulting firm Bain & Co Shanghai office, while noting the millennial generation is still the main driving force for the development of China's luxury market.

China has strengthened financial regulation and broadened its regulatory oversight to include products not counted on the balance sheets of financial institutions, such as the so-called wealth management products, to forestall financial risks. Such an adjustment is based on normal regulatory and accounting requirements and will not have a major bearing on overall financial figures, he said.