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China's real estate sales are expected to revive after COVID-19 is subdued. The expected rejuvenation of the property sector is important as real estate constitutes a key part of the economy, and will contribute to the stabilization of macroeconomy.

Chinese Foreign Ministry spokesman Wang Wenbin said on Monday that China hopes Armenia and Azerbaijan will resolve their differences through dialogue and that the two sides will keep calm and practice restraint. Maintaining regional peace and stability is in the interests of all parties, he said.

China's refinery output went up 12 percent year-on-year in July, hitting the highest on record for any single month. It processed 59.56 million metric tons of crude oil, equivalent to about 14.03 million barrels per day, the National Bureau of Statistics said.

China’s largest electric carmaker BYD is making an ambitious plan to expand production at its base at the Xi’an Hi-tech Industries Development Zone.

China's young, skilled generation carries with it the huge responsibility of shouldering the country's economic transition, which lies in fully implementing an innovation-driven development strategy and further boosting mass entrepreneurship, Premier Li Keqiang said.