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China's market regulator said on Wednesday that it has launched a nationwide campaign to crack down on wrongdoing in the health product market.

China's cross-border e-commerce sector has grown exponentially as the country's middle and high-income shoppers demand increasingly diversified and personalized products and services.

China's factory and service sector activities expanded in June as the economy continued to recover from the shocks generated by the COVID-19 pandemic, data from the National Bureau of Statistics showed on Tuesday.

China's fledgling cold chain logistics market is expected to reach 470 billion yuan (.5 billion) by 2020, with a compound annual growth rate surpassing 20 percent, according to the China Federation of Logistics and Purchasing.

China's continuing reform and opening-up will revitalize the A-share market and improve liquidity in it this year, insiders said.