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China is now looking for quality production and high technology so they need advanced machinery where Switzerland is very strong.

China has so far shied away from supporting consumers directly, although there have been some noteworthy local pilots in this regard, said Martin Raiser, World Bank country director for China, in an interview with Xinhua, believing that there may be room to expand such support.

China has taken measures to further reduce unnecessary restrictions and improve the policy framework on the cross-border use of the currency, including launching crude oil futures in Shanghai, easing restrictions on QFII and RQFII programs for foreign institutional investors.

China is firmly determined to uphold national sovereignty, safeguard Hong Kong's prosperity and stability and oppose external forces to meddle in Hong Kong affairs.

China has the world's largest currency reserve, which rose for a sixth month in July to hit .1 trillion, increasing .9 billion from a month earlier, according to the central bank.