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China's economy bounced back to growth in the second quarter this year. Macro policies, including tax and employment-oriented policies, have rendered effective support to economic recovery, Guo said, adding monetary and fiscal policy also played an important role. 

China's financial sector has also made a landmark move as Bank of Beijing agreed to set up a joint venture with ING Bank NV, a wholly owned subsidiary of Dutch multinational banking and financial services provider ING Group in late March, with the latter as the controlling shareholder.

China's ocean economy is increasing by 7.2 percent per year, according to Du. The sea off the coast of Shandong has abundant wind resources and is used by energy companies as a test area for turbine technology.

China's outbound tourism to SCO members has grown steadily in the past few years. Visits to Russia increased by double digits in 2017 and 2018, with over 2 million Chinese visiting in each of those years, he said.

China's favorable policies in accelerating drug access and encouraging innovation over the past few years have promoted the research and development of new medicines, helping build a healthy drug ecology in the country, a senior executive of Gilead Sciences Inc said.