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As this is the final year in China's campaign to eradicate absolute poverty and build a moderately prosperous society in all respects, the country has scaled up the coverage and intensity of aid packages for low-income groups to ensure the goals will not be compromised by the COVID-19 pandemic.

As per the report, this is the sixth consecutive quarter of Huawei's double-digit growth.

As the 5G case has showed, China's industrial ambition means more opportunities for domestic and foreign companies to compete and prosper together. The one propeller for the country's industrial upgrading is to keep opening up its market and economy to the world.

As the latest round of high-level bilateral trade talks has been extended by another two days until Sunday in Washington, it is highly anticipated that one of the most contentious bilateral commercial disputes in recent memory will soon be amicably resolved, and mutually beneficial free trade will become the norm, according to analysts and former officials.

As the novel coronavirus epidemic dented consumption in the country, China has been encouraging innovative ways to tap market potential, especially in the countryside.