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China's economy is running in relatively good shape despite the impact from the COVID-19 outbreak, reporting better-than-expected second quarter growth, the country's top economic regulator said on Friday.

China's fresh fiscal data indicated a broader funding gap faced by the government, driving the authorities to explore new channels and maintain a balanced budget, said analysts.

China's outbound tourism will continue under tight controls as the country intensifies efforts to cope with the rising risks of imported infections of the novel coronavirus during winter, a senior official said on Thursday.

China's foreign exchange reserves rose to a six-month high of nearly .11 trillion as of the end of December, supported by stronger exports and stable capital inflows amid the financial opening-up, according to regulators on Tuesday.

China's economy showed a significant rebound in the first half of 2020 amid the COVID-19 outbreak, as virus control measures consolidated and social activity resumed.