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China has launched a series of measures to boost its economy and the high-quality economic development helps to reduce hidden-debt risks of local governments, People's Daily reported.

China has inked a deal with Indonesia to build the Jakarta-Bandung high-speed railway. The China-Laos railway is under construction and work on the China-Thailand railway is being accelerated.

China demands that Japan takes practical actions to gain the trust of its Asian neighbors and the international community, he said.

China has learned lessons from the construction process and will likely accelerate the industry's development in the country, he said.

China has become one of the few truly mobile-first economies in the world, thereby presenting foreign app service providers huge opportunities, according to an industry insider.