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The Chinese economy is not free of worries. A statement released after Thursday's meeting acknowledged intertwined structural, institutional and cyclical problems in the country, as well as substantially increased sources of turbulence and risks globally.

The Chinese economy has been a hot topic lately. David asked me to share my thoughts. So I did some homework and summarized what has changed, and what has not, in the Chinese economy.

The Chinese mainland economy will see "slower but higher quality growth" in the second half of this year, Industrial and Commercial Bank of China International said, retaining its 6.7 percent full-year prediction for GDP growth.

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The China Conservation and Research Center for Giant Pandas in Wolong, Sichuan, has already made some progress in free ranging and reintroducing captive-bred giant pandas into the wild. So far, the center has released 11 giant pandas into the wild, nine of which survived.

The China Banking and Insurance Regulatory Commission gave the green light to China Construction Bank Corp and Bank of China Ltd on Wednesday regarding their applications for the establishment of a wholly-owned asset management subsidiary.

The China (Shanghai) Pilot Free Trade Zone, which was launched in September 2013, was China's first FTZ and has paved the way for development of other such zones in the country. As of September, 49,000 enterprises were registered in the Shanghai FTZ.

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The China Export Containerized Freight Index was first released by the Shanghai Shipping Exchange in April 1998 as a barometer for the export shipping market.

The Chinese economy with its steady, long-term growth and gradual openness will generate more opportunities for other countries, and China will remain the most attractive destination for investment, Li said.

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The China Chamber of Commerce to the European Union (CCCEU) lauded the agreement, believing it will help shape the world's largest free trade bloc featuring the largest population, the most diverse membership and the greatest development potential. It also said that provisions in the agreement pertaining to deep tariff cuts, rules of origin and other content are expected to bring more tangible benefits for businesses involved in the pact soon after being put into effect.

The China-Europe rail service is considered a significant part of the B&R Initiative. It is expected to boost trade between China and Europe, China's largest trading partner.