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China's mobility market is expected to hit a bumpy patch because of increased supervision by the government and rising worries over safety after a passenger was killed by a driver while using the "hitch "service on the platform of major ride-hailing firm Didi Chuxing.

China's economy has been gradually returning to normal due to the government's effective work and production resumption measures as well as the steps to contain COVID-19. The steps have bolstered the confidence of overseas investors, he said.

China's departure tax refund policy was first launched in Hainan province in 2011. By the end of 2017, more than 20 provinces or cities in the country had started the policy, said Wang Xiaoxuan, head of the Taxation Administration Bureau of the Hebei Provincial Department of Finance.

China's foreign exchange reserves stayed relatively stable by the end of November, reported as .096 trillion by the country's foreign exchange regulator on Saturday.

China's economy expanded 6.9 percent in the first half, well above the target of around 6.5 percent for the year.