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China's grain output remained strong despite the decline, and per unit yield has improved thanks to favorable weather conditions, Hou said.

China's monetary policy must be fine-tuned in a flexible and moderate way to meet the changing economic conditions and to counter-balance the cyclical pressures on the economy, said Chinese central bank governor Yi Gang in an article on Monday.

China's online entertainment industry has entered a golden era as more and more Chinese consumers are willing to pay for online games, video, livestreaming platforms and other entertainment content, an internet trends report said.

China's economy expanded 6.9 percent in the first half, well above the target of around 6.5 percent for the year.

China's experience in bringing some 850 million people out of extreme poverty is a vital resource for poorer countries, Kuhn said.