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Given seasonal factors, new loans in April are likely to decline from March, said Lian Ping, chief economist at Bank of Communications, quoted by China Securities Journal. "The ratio of medium and long-term credit for residents may gradually drop due to tightened real estate regulation."

German unit of Spanish company reposes confidence in tech giant

German-born Lagerfeld helped redefine the directions of Chanel and Fendi as creative director of both brands – the former since 1983, the latter since 1965 – and also founded his own eponymous line.

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Given the country's determination of reforming the capital market and spurring innovation, attested by the ChiNext's registration-based reform, analysts said quality technology firms and growth stocks are expected to lead the market in the medium to long term.

Geoffrey Yu, a senior EMEA Market Strategist at the Bank of New York Mellon and associate at LSE IDEAS, said China's strong GDP in the second quarter indicated that the recovery in industrial production is gathering pace.

Ghani did not give details where and when the swap of the prisoners will take place, saying the exchange would be on conditions for safe release of the professors.

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Geng added: "The Chinese government attaches great importance to protecting the legitimate rights and interests of Chinese citizens overseas and hopes that the Spanish side will take effective measures to earnestly guarantee the legitimate rights of Chinese citizens in Spain."

Ghosn, who holds Brazilian, French and Lebanese nationality, is accused of under-reporting his remuneration for years and for embezzling company funds. He has denied all the charges, claiming company insiders conspired against him.

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Getting one's own "health code "by taking the voluntary universal testing is in the best interest of not only every Hong Kong resident but Hong Kong society as a whole, particularly in facilitating efforts to revive the city's economy as soon as possible.

Given the sheer size of China's debt market and its shorter history of development, the concept of Bond Connect itself stands as a "huge leap forward," Li noted.