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Chinese internet companies, including Alibaba, JD, Suning and Meituan-Dianping, made promises on Wednesday, saying they are determined not to manufacture and sell counterfeit products, evade taxes, mislead, cheat or threaten consumers to delete and revise after-sale evaluations. Moreover, they jointly signed a convention to fight against false advertisements and reject scalping behaviors.

Chinese investment in overseas property assets reached a record high of about .5 billion in 2017, up 8 percent year-on-year, and seven times higher than that of 2012, Real Capital Analytics said.

Chinese brands also plan to export to developed markets, despite weak US and European demand. Chery, one of China's biggest independent brands, is working on plans to export its X70PLUS gas-powered SUV to Western Europe, according to its general manager, Chen Jiacai.

Chinese investors made .27 billion of non-financial ODI in nearly 4,000 overseas enterprises in 152 countries and regions from January to July, the Ministry of Commerce said. It marked a 14.1 percent increase from the same period a year ago.

Chinese policymakers are likely to further ease monetary policy and promote bank loans for small and medium-sized companies in the second half of this year, introducing measures to control risks and prevent shocks in the local labor market, according to industry experts.