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China's largest A-share listed automaker, SAIC Motor not only continued its overseas expansion amid the pandemic but posted a 17.3 percent growth in overseas sales of its own brand vehicles in the first six months this year.

China's deepening reform and opening-up agenda, aiming to vitalize market entities, will help the nation cope with challenges in economic globalization created by the COVID-19 pandemic, according to Chi Fulin, president of the China Institute for Reform and Development.

China's financial openness will continue to facilitate the renminbi's market function. China has made tremendous efforts to relax restrictions on capital account transactions in the past. The most recent moves include eliminating quota ceilings for QFIIs (qualified foreign institutional investors) and QDIIs (qualified domestic institutional investors) and opening ownership for foreigners.

China's consumption of flavor and fragrances has soared significantly along with the nation's economic development and growing middle-income group, said Cai Zhihao, a researcher from the Shenzhen, Guangdong province-based Qianzhan Industry Research Institute.

China's financial industry is maturing, with more professionals than amateurs joining the league. Financial talent－defined as those systematically trained with financial knowledge－in the country's securities sector jumped from 8 percent to 15 percent between 2010 and 2016, according to a survey published by the institute in early July.