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China's economic activity rose from a trough of around 20 percent of normal levels in February 2020 to 90 percent in the span of just three months, ECB analysts said in the article, citing both traditional data and non-conventional high-frequency economic indicators.

China's insurance regulator has recently warned against fake insurance products, especially the so-called "love insurance" offered online that bets on the relationships of public figures.

China's consumption showed ample resilience despite trade friction in the first half of 2018, with final consumption contributing to 78.5 percent of GDP growth, up from 58.8 percent last year, according to the National Bureau of Statistics (NBS).

China's courts have been ordered to strictly punish those who steal, destroy, smuggle and illegally purchase cultural relics.

China's industrial internet will be able to seek even faster growth with the commercialization and prevalence of 5G, experts said.