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China's leadership is leading this process of reviving the economy, in contrast to other countries with neoliberal policies, where government involvement is practically nonexistent, Regalado noted.

China's economic growth amid the pandemic is leading the world, and global chief financial officers have upgraded their outlook for China's economy to "Modestly Improving" in the fourth quarter of the year from its third quarter rating of "Stable," according to a recent survey conducted by the CNBC Global CFO Council.

China's new bullet train "Fuxing" departs from Beijing South Railway Station in Beijing, capital of China, June 26, 2017. The new bullet trains, also known as electric multiple units (EMU), boast top speeds of 400 kilometers an hour and a consistent speed of 350 kilometers an hour. China's annual political sessions of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) are scheduled to convene in March, 2018. During the two sessions, development agendas will be reviewed and discussed, and key policies will be adopted. Year 2018 marks the first year of fully implementing the spirit of the 19th National Congress of the Communist Party of China, in which innovation has been labeled as the primary driving force behind development and the strategic underpinning for building a modernized economy. [Photo/Xinhua]

China's metropolitan cities saw an active office market in the first quarter, with the net absorption in Beijing, Shanghai, Shenzhen and Guangzhou witnessing an obvious rise this year, due to a growing demand for office space, a report by Haozu.com showed on Wednesday.

China's consumer market continues to recover currently with a gradual burst of urban vitality and accelerated night consumption, said Fu Yifu, senior researcher of Su Ning Financial Research Institute.