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"Combined, the total value of these product exports was just over billion in 2017. It is a stable market for our products, consistently importing about billion each year," Sothmann said.

"China will also be added to our watch list for possible inclusion in the FTSE's global bond indexes. The Chinese authorities have continued to introduce reforms designed to open their market to international investors and have transformed their economy into the second largest in the world," Mark Makepeace, CEO of FTSE Russell, said in the statement.

"Concrete efforts should be made to ensure that those with merit and contributions gain respect and benefits," Li said. He called for China's strength in science and technology to be built up, and urged increasing basic scientific research, diversifying investment in research and development, boosted integration of basic and applied sciences and enhanced innovative ability.

"China's philosophies in terms of development are quite impressive and have relevance not only for the Chinese people, but for the welfare of the global community," Isakov said.

"Compared to new homes, the secondary market can serve as a better reference. Especially in first-tier and major second-tier cities, where transactions of pre-owned homes account for more than half of their total trading, the figure has surpassed 80 percent in Beijing and Shanghai," said Zhang.