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China's thermal coal futures hit record highs on Monday, with the most-active futures CZCcv1 reaching 679.6 yuan, the highest since the contract began in 2015.

China's vacation rental and homestay market, which clocked sales of 19.1 billion yuan (.8 billion) in 2018, is expected to surge this year, thanks to the wanderlust of fast-growing middle-and high-income groups, supportive policies, and increasing popularity of homestays.

China's proactive steps toward the resumption of work and production can also lead the world out of the downturn as it can power the growth of countries that export raw materials and key components of products while providing cheaper products for the world, he explained.

China's private businesses reported faster trade growth in the first seven months, with the trade volume increasing 11.8 percent to 7.31 trillion yuan. The amount accounted for 42 percent of the total trade volume in the period, up 2.9 percentage points year-on-year.

China's top leadership has taken a number of important stimulus measures to revitalize the country's economy, and it seeks to contribute to global economic stability.