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Chinese consumers appear to be younger at heart than their counterparts in the United States and Japan and this is reflected by their consumption habits, despite an increasingly aging society, a new report showed.

Chinese policymakers need to be more vigilant and decisive while formulating monetary policy and keep it flexible to deal with uncertainties that could hamper economic growth in the coming months, economists said.

Chinese cities and provinces that have sisterly ties with Italian peers, as well as Chinese companies, have pledged to offer a helping hand, according to Wang.

Chinese internet powerhouses are going overseas to boost their influence by leveraging the country's success in bringing the domestic outbreak under better control, said Raymond Wang, global partner at leading consultancy Roland Berger.

Chinese researchers have also developed DFH-5, the next-generation communication satellite platform, and are waiting for the next Long March 5 heavy-lift rocket mission to send the first such satellite into space, according to Chinese space authorities.