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China's northern port city of Tianjin saw year-on-year gross domestic product growth of 3.4 percent during the first six months of this year, benefiting from the synergic development of Beijing, Tianjin and Hebei province and from policies to boost the intelligent manufacturing sector.

China's macro policies this year will consist of a prudent monetary policy featuring countercyclical adjustments and strengthened support for private and small businesses, as well as a proactive fiscal policy prioritizing cuts in taxes and fees, authorities said during the ongoing two sessions.

China's human resources service industry played an important role in stabilizing employment last year. As of the end of 2019, there were 39,600 human resources service institutions across the country, which helped 255 million people get employed or migrate across regions.

China's futures market has been developing steadily amid reforms, but still needed to enhance its capabilities and market tools, Fang said. Trading of quite a few products had not been active in recent months, and wildly volatile prices could affect the risk management of companies, Fang said.

China's first demonstration nuclear power project using Hualong One technology has recently taken shape as its containment dome was installed late last month.