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China is leading the world in hybrid cloud adoption and it is expected to rapidly extend its leadership in the coming years, according to a new report released by Nutanix Inc, a US-based cloud computing software company.

China is "very different from what it was 17 years ago (when the SARS epidemic broke out) in economic weight, position in global industrial and value chains, and its contribution to the world economy", with economic and social activities "starting to revive in most parts of the country" since the outbreak, according to the think tank's president Chen Dongxiao, who co-authored the report.

China is already a leader in green finance. It issued billion of green bonds in 2016, which was almost 40 percent of the billion of green bonds issued globally.

China is building a "credit society." On July 16, more than 300 Chinese cities jointly released a declaration about enhancing the credit system to improve people's credit rating.

China is ramping up efforts to put into place its macro policy package to support hard-hit businesses and individuals and boost domestic demand.