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China's successful containment of the virus reassures the people that it is safe to travel domestically in the long-awaited holiday, which provides plenty of opportunities for their pent-up demand to be met. The Golden Week is sure to help boost consumer confidence and facilitate economic recovery.

China's supply chain that is closely linked with other countries, including the US and many US allies in Asia and Europe, has complicated the situation for possible US actions. Most economists believe that China would win if a trade war breaks out between the world's two largest economies, although they admit that there is no real winner in a trade war.

China’s Foreign Ministry has said that the Korean Peninsula nuclear issue is in essence a security issue, and its crux is the contradiction between the DPRK and the US.

China's top legislature passed the amendments to the Civil Procedure Law and the Administrative Procedure Law in late June, allowing prosecutors nationwide to act as plaintiffs and launch litigation against any act directly or indirectly compromises public rights and interest.

China's private investment grew by 7.2 percent from January to June, up by 0.4 percentage points from January to May.