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China's e-commerce giant JD.com is building a traceability system with its 30-plus brand owners on its open blockchain platform, said Yang Haiming, chief architect of JD CTO system, at an IDC CXO conference about digital transformation held in Beijing on Tuesday.

China's cinemas raked in more than 50 billion yuan in 324 days excluding the Spring Festival holiday period, much of it coming from places other than tier-1 and tier-2 cities, according to data from the State Administration of Press, Publication, Radio, Film and Television.

China's monetary authority listed steady progress to achieve completely free use of the yuan in cross-border capital investment as one of its priorities this year, based on further market-oriented exchange rate reform, said a statement released on the central bank's website on Tuesday.

China's embassy in the United Kingdom has strongly protested about a recent joint letter regarding the situation in Hong Kong that was signed by seven former British foreign secretaries.

China's economy shrank by 6.8 percent year-on-year in the first quarter as the virus outbreak dealt a huge blow to economic activity. While the epidemic has been basically brought under control domestically, economic activities remain on the road to recovery.