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China's demand for gold bars and coins soared 30 percent year-on-year to 105.9 metric tons in the first quarter of this year, the fourth strongest quarter on record, according to a report released by the World Gold Council on Thursday.

China's leading dairy producer, China Mengniu Dairy Company Limited, on Friday founded the Mengniu Nutrition Institute.

China's overall retail market will reach .77 trillion in 2019, of which e-commerce retail sales will contribute .25 trillion, up 9 percent and 21 percent year-on-year, respectively, according to estimates from consultancy from PwC in November.

China's moves to rein in water pollution benefited Originwater's business as higher water quality requirements provided opportunities for it to step up expansion and channel more energy into research and development, the company said.

China's digital economy reached 22.6 trillion yuan (.4 trillion) in 2016, over 30 percent of the country's GDP.