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China's mass innovation and entrepreneurship programs are aiding the development of Chinese private equity funds, said Guo Libo, research head of China-Venture Group, which produces research reports on venture capital and private equity.

China's opening up to the outside world is seen by those close to China as one of the momentous events in world history, eventually delivering 700 million people out of poverty.

China's national railway operator has on Wednesday added a new function to help people buy tickets on the booking site 12306.cn and its related app, the Beijing News reported.

China's daily train trips had exceeded 10 million for eight consecutive days by Wednesday, the railway operator said.

China's consumer price index, a main gauge of inflation, rose at a slower pace in February as the government rolled out measures to facilitate production resumption and ensure supplies to stabilize prices amid the novel coronavirus outbreak.