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China's investment in property development expanded 7.9 percent year on year in the first seven months of this year, down from 8.5 percent in the first half, NBS data showed.

China's financial authority's emphasis on pushing market-based reforms to draw more long-term investors into the capital market and to enhance the quality of listed companies has given a boost to investor sentiment and will likely help extend the rebound of the A-share market, analysts said.

China's local government debt soared during an investment and construction binge following the global financial crisis in 2008. Well aware of the risks, authorities have rolled out a string of measures to reduce the local debt burden.

China's environment for the development of internet security has been constantly optimized, with the number of enterprises in the sector nearing 2,900, said Wang Zhiqin, deputy director of the CAICT.

China's mobile payments are also going abroad. Alipay and Wechat Pay have been widely accepted across Thailand, from small street vendors in Chiang Mai to large duty free shops in Bangkok. If you need to pay in any other currency, say British Pound, US dollar, Japanese Yen, Canadian Dollar, Euro, or South Korean Won, you can also easily make the "exchange" in your Apps. China is also strengthening the protection of data privacy and financial security in these digital payments in order to make "grab your phone and go wherever you want" more carefree.