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China released a string of economic indicators for the first half of the year on Monday. Data showed China's economy expanded at a faster-than-expected 6.9 percent year-on-year in the first six months of 2017. Indicators related to people's livelihoods, such as jobs, income and CPI were also bright spots. Particularly, the growth of resident income exceeded GDP growth. Experts predicted that China's economy is set to remain stable during the second half of 2017.

China received 43.9 percent of global new orders last year and held 42.8 percent of the existing orders.

China signed more than 20 agreements with Central and Eastern European countries on Saturday to boost cooperation under the Belt and Road Initiative and in fields such as transport, infrastructure, industrial parks, finance, healthcare, education and agriculture.

China posted stronger than expected year-on-year GDP growth of 6.9 percent in the first half of this year, fueled by rising infrastructure investment, improving exports and robust retail sales. But it is feared that growth may weaken in the second half due to the cooling of real estate investment as a result of tightened regulation.

China stood out among major economies to register a 3.2 percent year-on-year growth in the second quarter, versus a 6.8 percent contraction in the first quarter, bringing hopes that the world's second-largest economy－if it continues to fare well－will help boost the global economy.