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China's economic growth may face downward pressure in the second half, but policymakers may fine-tune their policy stance to nip any slowdown in the bud, analysts said.

China's effort to establish and improve the legal system and enforcement mechanisms for safeguarding national security in Hong Kong, its own territory, has gained broad support across Hong Kong society, and reflected the shared aspiration of the 1.4 billion Chinese people. No external forces shall ever expect to hamper it, the spokesperson emphasized.

China's e-commerce trading volume reached 29.16 trillion yuan (.41 trillion) last year, up 11.7 percent year-on-year, of which the online retail sales increased to 7.18 trillion yuan, with the number of China's online shoppers growing to 533 million, according to data released by the Department of Electronic Commerce and Informatization, Ministry of Commerce in May.

China's market entities have surpassed 100 million units in mid-March this year, including over 31 million enterprises. "The increasing number of market entities indicates that China's market vitality is increasing. The supply-side structural reform in the past two years has achieved substantial progress. The government's administrative reform and transform government functions, especially some measures to reduce cost and improve the business environment had positive progress," Niu said.

China's fiscal revenue increased at a steady rate of 10.6 percent on an annualized basis during the first half of this year with fiscal spending in key sectors growing at a faster pace and sustaining economic growth, the Ministry of Finance said on Friday.