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China's investments in South Africa cover a wide range of diversified fields, like energy, manufacturing and telecommunication, all prioritizing local procurement whenever possible, in support of the local economy and industrial development.

China's current account surplus is less than 1.5 percent of the GDP, and the trade surplus of goods accounts for only about 3 percent of the GDP. The contribution of consumption has risen to 58.8 percent, and the proportion of added value of the service industry has risen to 51.6 percent, indicating that the Chinese economy has relied more on domestic demand, according to Lou.

China's listed pig breeders reported better performance after the country's pork price began rising this year, according to the National Business Daily on Thursday.

China's first e-commerce law, which took effect on New Year's Day, aims to keep the world's largest e-commerce sector running on an orderly track.

China's largest wine producer, Yantai Changyu Pioneer Wine Co, is purchasing 80 percent of Kilikanoon Estate Pty Ltd of Adelaide, Australia, at A.65 million (.45 million), a decision that will further enhance the Chinese winery's global portfolio and help meet Chinese consumers' growing demand for quality wine.