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Chinese consumers are more willing to raise spending for the next 12 months on quality of life related items, such as sports, education, travel and healthcare, and are willing to defer less pressing items such as auto purchase, the report showed.

Chinese firms filled an unprecedented 115 places on the 2017 list released last week, only 17 less than the top performer, the United States, and marking the 14th year China has increased its presence on the list.

Chinese oil futures contracts will be offered by the Shanghai Futures Exchange through its Shanghai International Energy Exchange March 26. It will be the first crude oil benchmark in Asia, where oil consumption is growing rapidly.

Chinese people from smaller cities are traveling abroad more frequently thanks to relaxed visa policies and more direct flights to foreign destinations, the report said.

Chinese airlines employed 1,332 foreigners as flight captains as of the end of last year, an increase of 33 percent over 2016, according to an aviation industry report.