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"CPI growth is expected to further decline in the coming months as food prices stabilize, with a narrower rise in pork prices," said Liu Xuezhi, a senior researcher at the Bank of Communications' Financial Research Center.

"China and the EU commit to ensure equitable and mutually beneficial cooperation in bilateral trade and investment," the statement said, reiterating the two sides' willingness to enhance bilateral economic cooperation, trade and investment, and to provide each other with broader and more facilitated, non-discriminatory market access.

"China is already a global digital economy and it is going to have a greater impact on the global digital world," Jonathan Woetzel, senior partner at Mckinsey and director of the McKinsey Global Institute (MGI), told Xinhua in a recent interview.

"China is one of the world's most exciting and dynamic markets, it became our largest market last year," said Randy Tinseth, vice-president of commercial marketing at Boeing.

"China Life's latest investment is a typical example of Chinese insurers going abroad to optimize their asset allocations," said Hao Yansu, director of the school of insurance at the Central University of Finance and Economics.