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China's huge population and rising consumption power, coupled with its self-contained and self-sustaining economy, make it an attractive market. The rise of Chinese millennials also is driving growth.

China's non-manufacturing PMI stayed unchanged from the previous month and stood at 54.3 in May, registering the fifth month in a row with a reading above 54.

China's national account system was in line with international standards, ensuring the country's macroeconomic figures are reliable, said Ning Jizhe, head of the National Bureau of Statistics, on Tuesday.

China's forex reserves stood at .057 trillion at the end of June.

China's cross-border e-commerce market has grown remarkably, with the proportion of imports to total e-commerce sales surging from 1.6 percent in 2014 to 10.2 percent last year, according to a report released by Deloitte China, the China Chamber of International Commerce and AliResearch last week.