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China's increased prioritization of its travel and tourism industry has also supported its rise, says the report.

China's consumer inflation grew 0.9 percent year-on-year in March, as stable prices reinforced the view that the world's second-largest economy is firming up, according to the NBS.

China's outbound tourism to SCO members has grown steadily in the past few years. Visits to Russia increased by double digits in 2017 and 2018, with over 2 million Chinese visiting in each of those years, he said.

China's consumer price index (CPI), the main gauge of inflation, grew 4.3 percent year-on-year last month, moderating from 5.2 percent in February as economic activities including transport and logistics gradually recovered after effective epidemic containment in the country, according to data from the National Bureau of Statistics.

China's economy expanded 6.8 percent year on year in the first half of this year, above an annual target of around 6.5 percent.