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China's level of debt-to-GDP is not a big issue in the next three to five years, said Alan Oster, a group chief economist at National Australia Bank Limited.

China's foreign trade of goods fell 11 percent year on year in the first two months of this year amid disruptions caused by the coronavirus outbreak.

China's medical sector will grow to the size of 1 trillion yuan (4 billion) within the next 20 years, and this growth will be fueled by not only an army of doctors and nurses, but also troves of data, according to experts in the field of artificial intelligence.

China's industrial output expanded 7.2 percent year-on-year for the first two months, one percentage point higher than the growth rate recorded in December 2017 and 0.9 of a percentage point higher than the growth rate achieved over the same period in 2016, National Bureau of Statistics data showed.

China's meteorological department will issue severe weather alerts based on the warning level, with red being the most serious, followed by orange, yellow and blue.