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China's artificial intelligence-focused startups received record financing of 19.3 billion yuan (.87 billion) in the first half of 2017, with the mid and late-stage deals dominating the period, a report said on Wednesday.

China's GDP is forecast to exceed 90 trillion yuan ( trillion) by 2020, when the nation is expected to have a middle-class population of about 400 million.

China's central bank governor Zhou Xiaochuan last month criticized overheated and hasty outbound investment in industries such as sports and entertainment, which do little for China's economy.

China will continue to strengthen financial supervision in the banking sector in 2018, preventing risks such as high corporate debt and household leverage, the banking regulator said last week.

China's Consumer Confidence Index, dropped two points in the second quarter but remained at a high level of 113 points, Nielsen revealed on Monday.