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China's credit risk, however, is still concentrated in the corporate sector, compared with government debt and the household sector.

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 derivatives market is expected to embrace a big round of opening-up this year as the country's policymakers aim to facilitate high-quality development by encouraging greater participation of foreign investors and drawing more long-term institutional capital into the Chinese financial industry.

China's growth in industrial value added rose by 7 percent year-on-year in November, from 6.9 percent in October, according to the National Bureau of Statistics. Retail sales, a key gauge of consumption, were up by 5 percent year-on-year, the fastest level of the year.

China's civil aviation industry is accelerating its advance into the digital era.