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China's high-end soy sauce market grew 9.99 percent year-on-year to about 20.2 billion yuan in 2018, according to industrial research provider Forward - the Economist.

China's development experience is relevant to Africa, he said, adding that having been at a similar development point in history gives a lot of developing and emerging economies in Africa hope for transformation and innovation.

China's gross domestic product expanded by 3.2 percent year-on-year in the second quarter, following a 6.8-percent contraction in the first quarter, the newly released data from the National Bureau of Statistics showed.

China's next digital platform to have a transaction volume of more than 1 trillion yuan (2.9 billion) will probably occur in the healthcare sector, as digital healthcare will be the most applied area in internet in the future, said an industry expert.

China's new economy, which includes the adoption of information technologies across various sectors, is estimated to account for 12 percent of the country's GDP this year, according to a report published last month by Renmin University of China and China Chengxin Credit Management.