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China's GDP grew 6.9 percent in Q2, flat with the previous quarter and above the government's annual target of around 6.5 percent.

China's ODI has been making news. Zhejiang-based Geely Holding Group announced late last month that it acquired a 9.69-percent stake worth about .2 billion in Daimler AG through an investment fund, becoming the single largest investor in the German automaker.

China's banks issued a combined 1.1 trillion yuan (0 billion) in new yuan loans in April, increasing by 542 billion yuan year on year, PBOC data showed Friday.

China's Lu.com, valued at .5 billion, takes eighth place while Meituan-Dianping, a major food-delivery company, is the ninth largest unicorn with a valuation of billion.

China will create broader market space for services providers from overseas by removing entrance barriers and making more convenient services available for foreign professionals to start businesses, the Ministry of Commerce said on Wednesday.