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China's domestic software industry is on the cusp of a strategic opportunity, as local enterprises increasingly embrace homegrown cloud computing to accelerate digital transformation, said Wang Wenjing, chairman of Yonyou Network Technology Co Ltd.

China's economic development has been stable with a positive outlook, a current account surplus, controllable external debt and around 3 trillion dollars of forex reserves, all of which will cushion the economy against changes in the external environment, according to SAFE.

China's credit asset quality remains generally stable, with the nonperforming loan ratio of commercial banks unchanged, quarter-on-quarter, at 1.74 percent as of June 30, said the country's top banking regulator.

China's insurance market is promising growth and foreign investors are upbeat on the market, said Wang Xiangnan, secretary-general of Research Center for Insurance and Economic Development under Chinese Academy of Social Sciences.

China's monetary authority will maintain a prudent monetary policy in the second half of this year, although some external factors may add to economic growth pressure, according to the country's central bank.