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China's economy is expected to take a slow U-turn this year, thanks to work resumption underway for two months and economic activity getting back on track, the macro strategy team from Ping'an Securities said.

China's economy has maintained overall stability. The country's GDP expanded 6.2 percent year-on-year in the first three quarters of 2019, data from the National Bureau of Statistics showed. Investment in high-tech manufacturing and high-tech services rose 14.5 percent and 13.7 percent year-on-year.

China's overall market was worth 1.5 million in 2016, according to the latest data from wine and spirits analytics firm IWSR, with Scottish whiskey imports taking up virtually all of that. US whiskey imports are in second place but growing rapidly.

China's forex reserves rose for 11 months running to .14 trillion at the end of December last year, as the economy got on a firmer footing and the government stepped up regulation of illegal capital transfers and overseas investment.

China's major Internet firms reported fast expansion in both revenue and R&D investment in the first five months. [Photo/IC]