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China's GDP expanded 6.9 percent year-on-year in the first three quarters, above the government's target of around 6.5 percent for this year.

China's M&A transaction volume in the region grew from .264 billion in 2014 to .755 billion in 2016, overtaking the United States and Japan to be the top acquiree in 2016, according to a report released by Thomson Reuters, the Chinese Academy of Social Sciences and a research institution under Tsinghua University.

China's buoyant property market showed further signs of cooling down, according to official data which were released on Friday.

China will further increase its tolerance for loans to small businesses that turned bad to help them traverse hard times due to the novel coronavirus outbreak, especially in regions where the epidemic impact is huge.

China's GDP growth eased to 6.6 percent in 2018, down from 6.8 percent in 2017. While slower growth is to be expected at this stage of the country's development, to cope with the effects and give a boost to the manufacturing sector and real economy which have been facing external headwinds, the authorities have introduced a series of supportive measures, such as tax and fee cuts.