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China's foreign trade has been impacted by the ongoing epidemic and the country's imports and exports totaled 4.12 trillion yuan (0 billion) in the first two months of this year, down by 9.6 percent year-on-year, according to statistics from the General Administration of Customs.

China's innovation and entrepreneurship activities have accelerated since 2015 as the government sees them as drivers for the economy's transition.

China's home-sharing market is surging, thanks to the fast-growing middle and high-income group, and the increasing popularity of homestays as a novel form of accommodation. Market transaction volume surged 70.6 percent year-on-year to stand at about 14.5 billion yuan last year, and the figure is expected to reach 50 billion yuan in 2020, according to a report by the State Information Center, a government think tank.

China's outbound mergers and acquisitions, or M&A, will rebound this year, thanks to more clarity on relevant policies and a stronger yuan, according to a report from global accounting firm PricewaterhouseCoopers or PwC.

China's foreign exchange reserves rose for the fifth month in a row in June, indicating easing capital flight pressure.