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China's indigenous chip sector is working hard to boost its capacity. Last year, the nation's semiconductor industry recorded 653.2 billion yuan (.3 billion) in sales revenue, up 20.7 percent from a year earlier and faster than the global average, data from the Ministry of Industry and Information Technology show.

China's economy is likely to continue leading the global recovery and achieve a GDP growth close to the pre-COVID-19 level in the year's fourth quarter, after expanding by 4.9 percent in the third, experts said on Monday.

China's non-financial ODI on projects in 56 Belt and Road economies totaled .64 billion last year, up 8.9 percent, it said.

China's equity market is expected to improve in the second half of this year as investor sentiment is brightening in a largely stable macroeconomic environment, said analysts.

China's fixed-asset in railway infrastructure reached 325.9 billion (.5 billion) in the first half of this year, exceeding its investment goal, according to the country's top railway operator on Monday.