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China's two stock exchanges in Shanghai and Shenzhen both have A- and B-shares. A-shares refer to those denominated in renminbi while B-shares are in foreign currency (US dollars in Shanghai and Hong Kong dollars in Shenzhen).

China's research and development spending reached 2.21 trillion yuan (9.2 billion) last year, a significant increase from 1.42 trillion yuan in 2015, according to the Ministry of Science and Technology.

China's prudent monetary policy has not changed, despite the recent increase in money supply.

China, Russia in final stages of talks to jointly produce aerial workhorse

Chinese GDP would expand 10 percent in 2021, higher than the current market consensus of 7.9 percent, thanks to tailwind from fiscal stimulus, rebound in consumption and services, accelerating income growth and flattering base effects, said the note.