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China's outbound direct investment, after peaking in 2016, went through a drastic reduction in 2017 amid the central government's efforts to curb irrational investments overseas that bring potential risks to overall financial security.

China's clean energy drive will continue to grow for the foreseeable future, as the nation aggressively reduces its over-reliance on coal-power, said Joseph Jacobelli, a senior analyst of Asian utilities and infrastructure at Bloomberg Intelligence in Hong Kong. Solar power generation will also continue to steadily increase and take a larger share of electricity production, he said.

China's homegrown and leading cosmetics group, Shanghai Jahwa United Co Ltd, posted a quarterly growth rate that is almost twice the industry average, according to the company's statement released on Wednesday.

China's net export will maintain rapid growth in the second quarter, but because the growth of net import will be faster than the growth of net export, the export will be negative to the economy growth, Lian said.

China's e-commerce market saw strong growth in the first half of this year, according to a report released Tuesday.