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China's elderly care services have seen "notable progress" after a nationwide inspection last year in which more than 40,000 nursing homes were requested to "make improvements", the minister of civil affairs said on Thursday.

China's largest chipmaker Tsinghua Unigroup Ltd on Monday announced its ambitious goal to become an international cloud computing giant, saying it will ramp up efforts to offer public cloud services in the future.

China's growth will likely be a bright spot in the global economy as the country's GDP is projected to expand by 8.1 percent next year while the global economy is still facing recession risks as the COVID-19 pandemic has not been effectively contained, a new report said.

China's economy continued to recover in May from the shocks generated by the COVID-19 epidemic as major economic indicators showed improvement, the National Bureau of Statistics said on Monday.

China's fiscal revenue recorded faster year-on-year growth in June, adding to signs of structural improvement of the world's second-largest economy.