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China's software and IT service sector has witnessed rapid development during the past decade, especially in cloud computing and big data, thanks to Internet-based innovations and upgrades in traditional sectors.

China's transport industry has seen rapid development, with 1.28 million km of rural roads built or renovated in the last five years, and over 99 percent of townships and over 98 percent of villages now connected by asphalt or cement roads.

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a bank in Beijing. [Photo/Agencies]

China's top securities watchdog has pledged more efforts to improve the quality of listed companies, vowing to improve corporate governance, bolster the mechanism for exiting the market, and toughen punishment for illegal acts.

China-South Africa bilateral relations are in a steady trajectory courtesy of the people-to-people exchange mechanism launched barely a year ago between the two countries.