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"Fifty years have passed and I am very fortunate that I am still alive, working and having a deep love for Mahler," he adds.

"For medicines treating rare diseases, AIDS and cancers, we will accelerate the administrative approvals to shorten the time by one or two years for them to be sold in the Chinese market and meet the demands of Chinese patients," Jiao said.

"Good PMI data and good earnings performances by listed companies in the first half have contributed to today's share rise," said Hong Hao, chief strategist at BOCOM International Ltd, adding that large-cap shares and upstream resources stocks performed the best.

"For China, our financial market is an important opportunity to grow their financing sources, because they have got a lot of investing to do and they need access to world money, especially from the bond markets that we are so capable of here," he said.

"Greater efforts should be made in streamlining administration, enhancing compliance oversight and delivering better services to foster an internationally competitive business environment that provides equal treatment to domestic and foreign enterprises and stimulates the vitality of market entities and social creativity," he said.