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"Given China's sound economic fundamentals, the forex market was now more adapted to external changes and able to handle influences from the international market, as Chinese market entities are trading more rationally with stronger risk awareness," she said.

"Gas has the potential to be a reliable energy source as countries transition towards a clean energy future, and these programs are aimed at sharing UK expertise to help ensure that their exploration or development of resources like natural gas is done to high environmental standards," a spokesperson for the Foreign Office told China Daily.

"Given the unprecedented speed of the slump in equity prices, it has been suggested that stock exchanges might be closed soon if things don't turn around," research house Capital Economics said in a note on Tuesday.

"For me, it's a new start," he said. "I was afraid before I came to Beijing, because I'm 34 years old this year and I could not have borne the blame from my family if I'd failed to find a job. However, it's my choice; Beijing has been my dream city since I was in senior high school."

"Following progress in opening its equity and bond markets to foreigners, China is now taking additional steps to remove foreign ownership limits in financial institutions and some other sectors," it said.