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China's national observatory renewed blue alerts for rainstorms and severe convective weather, which is characterized by strong winds, hail, thunderstorms and brief but heavy rainfall, for the 24 hours starting from 2 pm on Thursday.

China's commercial banks will continually increase lending to small businesses with sound tax payment records to ease shocks from the coronavirus pandemic, the country's tax authorities and bank regulators said on Wednesday.

China's leading supercomputer manufacturer Dawning Information Industry Co Ltd, also known as Sugon, is beefing up efforts to build a national-level advanced computing innovation center in Tianjin, considering the burgeoning demand for computing power. The center is set to be completed in 2021.

China's investment in environmental protection surged by an average annual rate of 31.4 percent during the period, with investment in new energy including solar, wind and nuclear power up 13.8 percent annually on average.

China's foreign exchange reserves expanded to .11 trillion at the end of June, up 0.3 percent from the end of May, according to the State Administration of Foreign Exchange.