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China's GDP contracted 6.8 percent year on year in the first quarter owing to an economic fallout from the COVID-19 outbreak across the world.

China will devote more resources to producing high-value and influential brands and patents, and participating in the global governance of intellectual property to help it become more inclusive, balanced and efficient, he said.

China will give greater emphasis to opening-up based on rules and institutions, in a bid to pursue high-quality growth and assure an international competitive edge to its business environment, said Vice-Minister of Commerce Qian Keming.

China's auto market also expanded steadily in the reporting period. A total of 14.07 million vehicles were sold in China in H1, up 5.57 percent year on year, according to CAAM. Meanwhile, some 14.06 million vehicles were produced, up 4.15 percent.

China's State Flood Control and Drought Relief Headquarters have sent another six special work teams to key regions, hit hard by floods, to guide disaster relief efforts.