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China's e-commerce market has been expanding at a break-neck pace since 1999, with individuals joining industry giants like Alibaba and JD in mining the country's consumption potential.

China's leading supercomputer manufacturer Dawning Information Industry Co Ltd, also known as Sugon, is beefing up efforts to build a national-level advanced computing innovation center in Tianjin, considering the burgeoning demand for computing power. The center is set to be completed in 2021.

China's economy will maintain its strong resilience, and the government has sufficient policy tools to keep growth stable despite the fallout of the novel coronavirus outbreak, said a central bank vice governor.

China's mainland accounted for half of the top 10 global VC financings, the report said.

China's junior ELT market is rapidly growing, driven by favorable government policies, supportive economic conditions, and increasing cultural and societal emphasis on English education.