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As COVID-19 has come under control in the country, more people have started to resume travel. During the eight-day holiday, the country received a total of 637 million trips by domestic tourists, with domestic tourism revenue reaching 466.56 billion yuan, according to the Ministry of Culture and Tourism.

Are there reasons for optimism in 2018? An injection of hope is urgently needed for the world's top two economies to sail the charted course.

Apple Inc lowered its revenue forecast for the first time in almost two decades, amid fewer upgrades to its flagship iPhone and weak performance in China as it faces rising competition from Huawei Technologies Co.

As COVID-19 continues to sweep across the country, more and more states and local officials have closed non-essential businesses and ordered residents to stay home in a bid to slow the spread of the virus, effectively shutting down a significant part of the economy.

Around 60 percent of the bankers said the nonperforming loan ratio of Chinese banks will stay between 0.5 percent and 2 percent over the next three years.