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China's official statistics show, however, Chinese investors made .27 billion of non-financial outbound direct investment in nearly 4,000 overseas enterprises in 152 countries and regions from January to July. It marked a 14.1 percent increase from the same period a year ago.

China's e-commerce giant Alibaba Group chose Detroit, Michigan to stage its inaugural two-day Gateway '17 Summit, which kicked off on Tuesday and is designed to educate American small- and medium-sized enterprises (SMEs) on the Chinese market and consumer demands to ultimately help them sell to China.

China's financial markets have rallied as confidence builds that the country's economy is shaking off the coronavirus pandemic, according to a WSJ report last Thursday.

China's cold chain logistics market is set to witness robust growth and will likely emerge as the most lucrative sector in the industry as the novel coronavirus outbreak has boosted consumption of fresh food via online channels.

China's foreign exchange reserves fell 0.85 percent in February following 12 consecutive months of rises, coming in at .134 trillion, according to earlier PBOC data.