The second half of the year will see China's outbound mergers and acquisitions stabilizing, in the wake of the slump in the first six months, according to a new report issued jointly by the China Mergers & Acquisitions Association and international accounting firm EY, formerly Ernst & Young.

The report estimates that a total of $100 billion of non-financial ODI, or outbound direct investments, will take place in 2017 - the vast majority of them M&A - representing a 45 percent decrease on the previous year.

The forecast second-half stabilization in M&A activities is partly attributed to the increasing investments in Belt and Road economies.