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China is rolling out proactive fiscal policy and supportive monetary policy, the effect of which will gradually unfold, Cheng said. "The Chinese economy is likely to stabilize and rebound in the first quarter of this year, beating market expectations."

China has worked to build a multi-level capital market that satisfies growing funding demand from all kinds of companies, no matter how big or small, with measures taken to reform the stock market and encourage direct financing.

China is McDonald's third-largest market in the world, opening at least one new restaurant every day.

China is the largest source of foreign tourists to Mongolia. Chinese tourists accounted for 36.4 percent of total foreign tourist arrivals in Mongolia in the first half of this year, according to the Mongolian National Statistical Office.

China is "strongly dissatisfied" by the Japanese government's act of claiming so-called "sovereignty" over Diaoyu Islands, Foreign Ministry spokeswoman Hua Chunying said on Friday.