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But traditional industries need to upgrade in the direction of digitized, intelligent and green development, Tian said. Factories that pollute the environment will be shut down.

Buying books, diapers or has never been so easy. Amazon.com today unveiled a new service called #AmazonCart, which allows customers to quickly add products to their shopping carts while they use Twitter.

But while industrial production has stepped up, domestic consumption and investment demand are "still on gradual recovery", she said.

By June, sales of insurance products bundled with sports-themed tours on Huize have risen 36 percent year-on-year. Huize is China's largest third-party online insurance services provider. Men accounted for 79 percent of sports; the majority of them were born in the 1980s, according to industry data.

But the odds look to be against Philippine universities, as Europe and the United States are still the most popular destinations for Chinese students, and higher education institutes in the Philippines are hardly renowned on the global stage. Only two－the University of the Philippines and De La Salle University－have made it into the 2019 World University Rankings compiled by Times Higher Education.