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China has resources to carry on reform, says former governor of central bank

China is piloting deposit-free apartment rental in eight cities, employing algorithms that track and rate people's credit worthiness to protect both tenants and landlords.

China has to walk a fine balance between local government debt management and stable economic growth, especially at a time when trade tensions with the United States have imposed more downward pressure, said economists.

China is making strides to break the sex education silence. The Ministry of Education issued a guideline on Monday suggesting higher education institutions set up public courses on health education to teach students about sex and reproductive health.

China has taken the lead in the hardware of supercomputer and the software has also making headway. The country's supercomputer now is confronted with two major obstacles, energy conservation and wider market applications, Pan said.