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China's foreign trade rebounded sharply in June as recovery in the country gained traction aided by government stimulus which stoked demand for commodities while exports, fueled by medical goods, also rose.

China's economy shrank by 6.8 percent year-on-year in the first quarter as the virus outbreak dealt a huge blow to economic activity. While the epidemic has been basically brought under control domestically, economic activities remain on the road to recovery.

China's economic growth may face downward pressure in the second half, but policymakers may fine-tune their policy stance to nip any slowdown in the bud, analysts said.

China's online retail transaction volume increased by 35 percent year-on-year to 3.1 trillion yuan in the first half of 2017, and its number of online shoppers reached 516 million, according to data released by the China E-commerce Research Center.

China's economy expanded faster than expected from January to June, with GDP surging 6.9 percent year-on-year to about 38.2 trillion yuan, data from National Bureau of Statistics showed.