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As the SCO summit approaches, beer vending machines have been installed in many hotels, and visitors can more easily get a taste of the draft Tsingtao beer.

As the online sales sector has played a prominent role in driving social consumption in China, the country will launch an online shopping festival to boost consumption from April 28 to May 10, said Cai Yudong, deputy director-general of the department of electronic commerce and informatization under the Ministry of Commerce.

As the yuan's recent appreciation proves positive for China's imports-which, according to Reuters, "grew at their fastest pace this year in September" (surging 13.2 percent)-as well as people's spending power, the global shift to consuming goods from services may serve as a perfect opportunity for the country to fuel Europe's growth.

As the US government stopped billion worth of Chinese M&A activities in the country between January and June, investing in the US will only get harder over the long run. Chinese companies invested only .8 billion in the US in the first half of this year, down 90 percent year-on-year, reaching the lowest level in seven years, according to the Beijing-based China Institutes of Contemporary International Relations.

As the contagion has been effectively controlled in China, in addition to meeting domestic demand, Chinese medical equipment producers are also stepping up efforts to offer assistance to overseas markets, Chen said. "There is no reason for the country to restrict the export of medical supplies," she added.