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China's key innovation trends and challenges around sustainable urbanization, industrial upgrading and economic restructuring provide Honeywell with opportunities for developing and delivering innovative "connected" products, services and solutions. These will help address those challenges intelligently.

China's mobile carriers are likely to invest at least 3 billion into 5G construction from 2019 to 2025 in a move to deliver super-fast services, investment bank Jefferies has predicted.

China's internet giants that forayed into online finance are now joining hands with banks, their perceived competitors, to succeed together in the booming financial technology or fintech sector.

China's insurance sector is expected to see double-digit growth this year, driven by the country's steady economic growth, according to an expert from Swiss Re, one of the world's largest reinsurers.

China's economy grew 6.9 percent in the first quarter, up from 6.8 percent the previous quarter and above the 2017 target of around 6.5 percent.