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Analysts said that the phenomenon reflects how rising numbers of new investment tools are attracting individual investors and capital from conventional channels, such as banks.

Analysts suggested that to accelerate financial reform in China would require the capital markets and banking system to meet the needs of the privately-owned SMEs.

Analysts said the country will deepen its supply-side structural reform, promote employment, increase incomes and strengthen environmental protection to improve the quality of economic development.

An offshore nuclear power station model on display at an industry expo in Beijing.[Photo by Wu Changqing/China Daily]

And it comes at no better time as US President Donald Trump will start his first state visit to China in a few days and misperceptions about China are somewhat rife at the White House as well as in average American households.