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Chinese liquor producer Kweichow Moutai Co Ltd dropped by 4.24 percent on Monday after shares rose to a record high last Friday. Shares of more than 30 listed companies fell by the 10 percent downside limit on Monday.

Chinese philanthropists have the potential to transform the philanthropic sector and contribute to the Sustainable Development Goals, Haverman said, highlighting a new report launched on Monday by UNDP and the China Foundation Center in Beijing.

Chinese companies' enthusiasm for investing in Europe remains high, despite the coronavirus pandemic's devastating impact on the global economy, according to industry insiders and analysts.

Chinese customs probed 444 cases of smuggling endangered species and their products in the first 10 months, said Sun Zhijie, director of the anti-smuggling bureau of the General Administration of Customs on Tuesday during a concluding ceremony on international joint probes in Shenzhen.

Chinese people, no matter where they are from and how old they are, are always seeking a better life and are forward looking, which, from my point of view, is the fundamental driving force for the Chinese economy.