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Authorities who were once concerned that strict regulation would dampen economic growth will no longer hesitate to take stronger measures in financial and real estate controls, said Deng Haiqing, chief economist with JZ Securities.

Authorities will expand channels for SME lenders to better serve economy

BEIJING - China has been strengthening the provision of medical supplies to combat the viral pneumonia outbreak.

Average spending on pets in China has risen in the last few years, thanks to the growing mid-income population in the country. According to an industry report from Goumin.com, a portal that tracks the pet community, the average annual spending on a pet dog or cat was 5,016 yuan (6.6) in 2018, up 15 percent from the corresponding period in 2017.

Authorities said they would patrol frequently to weed out any illegal activity.