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China's court system concluded 45,000 graft cases implicating 63,000 people in 2016, with 35 former officials at the provincial and ministerial level or above, and 240 at the prefectural level, convicted, according to the work report of the Supreme People's Court.

China's overall economy expanded by 6.1 percent year-on-year in 2019, meeting the preset target range of 6 to 6.5 percent for the year, according to the National Bureau of Statistics.

China's outbound direct investment, after peaking in 2016, witnessed a drastic reduction in 2017 amid the government's efforts to curb irrational investment overseas that have brought potential risks to overall financial security.

China's first 8.5-generation TFT-LCD production line was launched in Bengbu, East China's Anhui province, on June 18, 2019, representing a breakthrough in the production of high-definition LCD screen, Science and Technology Daily reported.

China's move to raise tax rebates on some exports is expected to ease the burden on the real economy and stabilize foreign trade growth to cope with complicated global scenarios, particularly trade frictions, according to analysts.