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China's property market has cooled as home prices have faltered or posted slower growth in major cities amid government policies to curb speculation.

China's policymakers agreed in a high-level meeting last month that more efforts should be made to maintain financial security in the face of risks and challenges including external shocks.

China's stocks and bonds are now being included in main international indexes, such as the MSCI, FTSE Russell, S&P Dow Jones and Bloomberg Barclays index, and its weight is steadily increasing.

China's rapidly expanding consumer market -- confident, increasingly rich and sophisticated, and willing to experiment -- offers a strong link between China and the world. It is not only the prime engine for economic growth but is a huge opportunity for international businesses, according to the report.

China's software and IT service sector has witnessed rapid development during the past decade thanks to Internet-based innovations and upgrades in traditional sectors.