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China's decades-long reforms and opening to the outside world represent a successful course of integration into the global economy, as the country benefits from the process of globalization.

China's economy beat market expectations to grow by 6.4 percent on a yearly basis in the first quarter, virtually unchanged from the GDP expansion in the previous quarter.

China's new bullet train models, "Fuxing", or rejuvenation, were officially launched on the Beijing-Shanghai high-speed railway line and had its first ride on Monday.

China's leading digital payment platform Alipay unveiled a three-year plan on March 10 to support the digital transformation of 40 million service providers by working with 5,000 independent software vendors.

China's debt-to-equity swap initiative has appeared to gather pace in recent months, supported by a slew of preferential measures to promote such programs. They aim to help lower debt burdens of enterprises by converting corporate debts into equities to be owned by entities established by the nation's major banks and private capital.