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In the second half, Wang said, one of the crucial factors influencing the renminbi is whether Sino-US trade friction will further escalate.

In the next step, assessment standards will be made for banks based on their operations in inclusive finance, with efforts to accelerate building systems for supportive services and credit information, said a statement released after the meeting.

In the past three years, Chile, Uruguay, Trinidad and Tobago, Panama, the Dominican Republic and El Salvador have all signed on to the BRI.

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In the past two years, the PBOC has mainly relied on open market operations and innovative lending facilities, including the standing lending facility and the medium-term lending facility, to manage market liquidity.

In the past few years, China's logistics sector has been growing in terms of scale and service quality, with more consumers shifting to online shopping amid fierce market competition between industrial rivals.

In the same year, the county sub-branch of the People's Bank of China (PBOC), the central bank, completed building a rural credit information system, in which Jia was assessed as an AA client.

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In the meantime, a possible cooling of the property market may put some downward pressure on profit growth, according to Zhao Yang, chief China economist with Nomura Securities.

In the past decade, the size of the Chinese population has expanded due to growing Sino-Kenya relations. China has now emerged as the largest financier of infrastructure projects in Kenya.

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In the report, the lender also warned of the slowing potential growth over the longer term, which was seen in economies that account for more than 65 percent of global GDP.

In the meantime, AIIB granted two loans and one equity investment totaling 4 million to support infrastructure projects in India, Georgia and Tajikistan. These approvals include the bank's first equity investment for 0 million, which will help to attract much-needed private investment capital for infrastructure projects in India.