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Chinese internet firms said they are gearing up their pace as General Secretary Xi Jinping's speech gives the economy new impetus to soar through increased innovation and a wave of entrepreneurism.

Chinese authorities have urged local governments to take care of employees in places hit hardest by the epidemic, and offer support such as subsidies for small and medium-sized firms.

Chinese listed banks have continued use fintech to drive the transformation of the branches and operational reforms. In 2016, the total number of branches in large commercial banks declined for the first time, it found, while the proportion of smart branches increased further.

Chinese courts will not support employers if they terminate labor relations with people on the grounds that the employees are from regions hard hit by COVID-19 outbreak, such as Hubei province, or patients of the disease, according to a guideline issued by China's top court on Monday.

Chinese Vice Premier Liu He, also a member of the Political Bureau of the Communist Party of China Central Committee, will exchange views on China-US economic and trade issues of common concern with the US delegation.