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China's industrial enterprises will fare well this year, so long as China's infrastructure investment can remain stable, said Jiang Feitao, an economist of the Institute of Industrial Economics of the Chinese Academy of Social Sciences. Fixed-asset investment, especially infrastructure investment, has a major bearing on demand for raw materials and in turn influences corporate profits, he told National Business Daily.

China's foreign direct investment climbed 6.4 percent year-on-year to 305.24 billion yuan (.38 billion) in the first four months, the Ministry of Commerce said Thursday.

China's light industrial products such as clothing, shoes and hats were popular on the other side, while Soviet leather and metal products won the hearts of Chinese.

China's cybersecurity industry is set to surpass 60 billion yuan (.5 billion) this year, amid concerted efforts to foster more competitive cybersecurity companies, the nation's top industry regulator said on Monday.

China's major real estate developers are racing to open more rental apartments in the Guangdong-Hong Kong-Macao Greater Bay Area, but industry insiders warned of oversupply.