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China's middle class is expanding at an unprecedented pace.

China's financial regulators will continually open the capital account, allowing more foreign investment into the domestic market, especially for the pilot programs in some key areas including the Shanghai Free Trade Zone, said Huo Yingli, head of the Macro Prudential Management Bureau of the central bank.

China's exports surged more than expected in July despite the imposition of US tariffs, but more duties are on the way.

China's internet giants that forayed into online finance are now joining hands with banks, their perceived competitors, to succeed together in the booming financial technology or fintech sector.

China's nearly trillion bond market is likely to see a substantial increase of foreign capital inflows this year as higher yields, a relatively stable yuan and further opening of the onshore market have made Chinese bonds an increasingly attractive asset for global investors.