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China's central bank governor Yi Gang said during the 10th Lujiazui Forum in mid-June in Shanghai that the average lifespan of a Chinese SME is only about three years.

China will strengthen the coordination of financial regulation, stabilize the property market and prevent systemic financial risks, according to a statement issued after a top leadership meeting on Monday.

China will push forward the special campaign on tackling risks in internet finance or the fintech sector, to launch a system focusing on financial conduct and prudential regulation, as well as build the market access mechanism, according to a central bank deputy governor.

China will move faster to boost innovation in its national economic and technological development zones in terms of openness, technology and institution building to cultivate new pacesetters in the country's reform and opening-up, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.

China's biggest server maker Inspur Group Co Ltd aims to increase the contribution of its overseas revenue stream to 40 percent of its total sales by 2020, as it scrambles to tap into opportunities brought by the Belt and Road Initiative.