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China's mobile payments are also going abroad. Alipay and Wechat Pay have been widely accepted across Thailand, from small street vendors in Chiang Mai to large duty free shops in Bangkok. If you need to pay in any other currency, say British Pound, US dollar, Japanese Yen, Canadian Dollar, Euro, or South Korean Won, you can also easily make the "exchange" in your Apps. China is also strengthening the protection of data privacy and financial security in these digital payments in order to make "grab your phone and go wherever you want" more carefree.

China's customs authorities had seized more than 100 tons of endangered wildlife and related products between Jan 1 and April 15 this year, of which around 300 kilograms were ivory tusks and ivory products, the General Administration of Customs said last month.

China's monetary policy is set to be prudent and neutral in 2017, keeping appropriate liquidity levels and avoiding large injections.

China's investment in 5G infrastructure has witnessed an unprecedented growth with bulk of the efforts being trained at creating new infrastructure that will lend "innovative but strong" impetus for local economic growth, experts said.

China's foreign exchange market is prone to the "habitual influences of irrational expectations" and one-way market expectations can sometimes be exaggerated, failing to reflect the real relationship between market supply and demand, the statement said.