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"China's door of opening-up will not be closed and will only open wider," Xi told the recent Boao Forum for Asia.

"Compared with its indigenous app, the site's conversion rate, or the percentage of people placing orders among all browsers, more than doubled (during the following two months)," said Wang Fei, head of marketing and overseeing "mini program" development at Mogujie.

"China's macroeconomic policy tools are adequate," Sheng Songcheng, former head of the statistics and analysis department at the People's Bank of China, the country's central bank, told China Daily on Sunday. "Proactive fiscal policy will play a major role, while prudent monetary policy will be used to coordinate the fiscal policy."

"Chinese companies have invested over 7 billion in Australia since 2008 and this capital has been a really important contributor to economic growth locally but new investment is slowing," Ferguson said in the report.

"China's mining companies have been going overseas to secure a stable supply of raw materials. Chalco, the largest State-owned aluminum producer, has entered into an agreement to develop the Boffa bauxite in Guinea, in order to increase its self-sufficiency in bauxite to 75 percent by the end of 2021," said Zhu Yi, a senior analyst for metals and mining at Bloomberg.