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China's central bank has suspended open market operations for 18 trading days in a row. [Photo/IC]

China's Taobao Villages are distributed across 28 provinces, autonomous regions and municipalities. While most of them cluster in the eastern region, particularly in Zhejiang, Jiangsu and Guangdong provinces, they've started to spread to the midwestern and northeastern regions, going from 172 shops in 2019 to 341 so far this year.

China's GDP growth is expected to stabilize at 6.2 percent during the first six months of this year, before rebounding in the September-to-December period to reach 6.3 percent whole-year growth, data from the country's leading think tank, the Chinese Academy of Social Sciences (CASS) showed on Monday.

China will step up protection of property rights to provide sustained impetus for economic development, according to a decision made at the State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

China will encourage its research institutions and vaccine producers to step up coordination with Gavi, a public-private partnership created in 2000, and support its playing an important role in promoting vaccine use, he said. The premier said a vaccine will be a strong shield, and China will continue to support the World Health Organization playing a central role in coordinating vaccine research and development.