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China's consumer inflation increased by 1.6 percent last year, lower than the yearly control target of 3 percent. Analysts said it will moderately rise by over 2 percent this year, but will not trigger any major monetary policy adjustment.

China's market for health services is estimated to reach 16 trillion yuan (.4 trillion) by 2030, according to a forecast by the National Health Commission.

China's economy will continue to recover in the second half of this year, and it is expected to achieve economic growth for 2020 under the pandemic's impacts, said Yi Gang, governor of the People's Bank of China (PBOC), Xinhua reported on Sunday.

China's national health authority is planning to launch pilot projects to improve online nursing care platforms, a senior health official said.

China's cybersecurity industry is set to surpass 60 billion yuan (.5 billion) this year, amid concerted efforts to foster more competitive cybersecurity companies, the nation's top industry regulator said on Monday.