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Another two cases, each worth of 10 million yuan, also involve adding of illegal substances to food products.

Another reason for the foreign investment growth is the acceleration of the reform and opening-up of the Chinese financial market. Pang Ming said, with the advancement of the country's reform and opening-up, further refinement in the financial market system, and better connections with international financial market rules, overseas investors have increasingly recognized the rising degree of openness in the Chinese capital market.

Apart from the relaxed grip on foreign financial institutions in China, opening-up also means Chinese financial organizations will be allowed to reach overseas markets, said Zhou.

Another reason why Chinese tourists are less interested in shopping overseas, according to Li, is that the quality of made-in-China products is improving. Also, the influence of Chinese brands is growing. "The time when Chinese people rushed to buy milk powder, frying pans and toilet covers at stores outside the mainland has long passed into history."

Anti-government protests continued despite the SAR government officially withdrawing the extradition bill. The past weekend saw radicals resorting to extreme acts of vandalism and assaulting people with different political views.