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China has leapfrogged into the digital dimension to become the global center of financial technology innovation and adoption, outpacing the likes of New York, London and Singapore by a wide margin, according to a joint report by consultancy Ernst & Young and DBS in 2016.

China has now turned to the task of resuscitating its economy and is recovering steadily. According to the NBS, China's manufacturing purchasing managers' index has increased into positive growth, rising from 35.7 in February to 52 in March. The non-manufacturing index rose from 29.6 to 52.3 in the same period.

China has been implementing multiple supportive policies to increase sufficient supply of rental housing amid efforts to develop a robust home rental market, which is considered crucial to maintain the sound development of the real estate market.

China has made the right adjustments to contain financial risks and prevent massive capital outflows, he said.

China contributes about 30 percent of TransContainer's global transportation volume and revenue for the moment, up from 15 percent of 2010, the largest contributor after Russia.