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And that promotion seems to be working. According to Switzerland Tourism, the national tourism agency, Chinese tourists spent 212,482 nights at mountain destinations in the 2016/17 season, compared with 32,236 a decade earlier.

Anheuser-Busch InBev, the world's biggest brewer by production volume, will add more premium brands to its portfolio in China.

And by further bolstering services trade, China is actively optimizing its trade structure, and deepening its participation in the global value chain.

Analysts from Hebei Yuan Da Security Investment Consulting wrote in a note that the decline mainly came from companies that witnessed intensive trading previously. But the big picture is still a looming strong rebound in the short term.

And the result: The collapse of prices for West Texas Intermediate crude, the US benchmark, which suggests that investors see no immediate economic turnaround in oil despite a slight rebound Tuesday.