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Analysts believe expansion of the refining sector will help bolster energy reserves while providing bulk cargo transportation support for the petrochemical and other leading industries.

And all countries, he said, need to guard against the risks of drastic adjustments of asset prices. Could China's corporate sector, which has a relatively higher leverage level, spark the next financial crisis after the GFC a decade ago?

An online fundraiser organized by an anime licensing firm in the United States had raised over 0,000 by Thursday night.

Analysts at Ping An Securities said in a research note that sales of such vehicles would return to normal in the third quarter as the impact of the policy changes gradually subsides. September and October are also usually the best months of any year for car transactions in the country.

And with the recent development plan aiming to foster leading global companies, analysts expect M&A activities to quicken as China has a large number of companies, mostly small, in the business.