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China's major food industry firms shrank in size in 2018 compared with 2017, but the sector's profit growth far outpaced revenue growth.

China's first-quarter GDP beat market expectations to grow by 6.4 percent year-on-year and was virtually unchanged sequentially.

China's new bullet train "Fuxing" departs from Beijing South Railway Station in Beijing, capital of China, June 26, 2017. The new bullet trains, also known as electric multiple units (EMU), boast top speeds of 400 kilometers an hour and a consistent speed of 350 kilometers an hour. China's annual political sessions of the National People's Congress (NPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) are scheduled to convene in March, 2018. During the two sessions, development agendas will be reviewed and discussed, and key policies will be adopted. Year 2018 marks the first year of fully implementing the spirit of the 19th National Congress of the Communist Party of China, in which innovation has been labeled as the primary driving force behind development and the strategic underpinning for building a modernized economy. [Photo/Xinhua]

China's high growth in the wake of the 2008 financial crash reflected its high economic growth potential and the strong growth momentum helped by its full-fledged entry into the global economic trading system in 2001, but it also reflected the very effective policy response to the shock of the crisis, the expert said.

China's internet-based healthcare is playing an increasingly integral part in the fight against the novel coronavirus epidemic.