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"China's transition to a consumption economy focused on domestic growth is progressing on a stable path, with strong growth drivers especially for Dow's products," said Andrew Liveris, Dow's chairman and CEO.

"China's Criminal Law should play its role in protecting people and in punishing those who seriously endanger public safety," he said. "A definition of this kind of violent obstruction of safe driving, as well as the punishment offenders can face, should be clarified in the law."

"China's international express market had been dominated by global giants such as FedEx, UPS and DHL for long, and the aviation logistics hubs built by Chinese enterprises will intensify the competition," Yang Daqing, a researcher from China Society of Logistics, was quoted as saying by National Business Daily.

"China's M2 growth is slightly lower than nominal GDP growth, but we should monitor more indicators, such as prices and jobs, to see whether liquidity is tight," he said.

"Compared with the previous round of property development, which is mainly fueled by investment, the new round of development is driven by consumption," said Nie Meisheng, founding chairman of China Real Estate Chamber of Commerce, at the 2020 annual meeting held from Dec 13 to 14. She also said digital technology will play a pivotal role in empowering buildings and communities.