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China's bank lending halved in December 2017 as the government kept up its campaign to curb financial system risks, but banks still managed to dole out a record amount for the year amid the tighter scrutiny.

China's and Africa's commitment to strengthen their collaboration in the fight against the COVID-19 pandemic has great significance in helping African countries defeat the virus and rebuild their economies, experts said.

China's GDP growth stood at 6.9 percent in the first quarter, up from 6.8 percent in the previous quarter, supported by robust factory activity, strong consumption and rebounding exports.

China's catering industry posted a record high of 4.27 trillion yuan (8 billion) in revenue in 2018, coupled with encouraging trends.

China's biometric identification sector has been experiencing a surge in demand for its services in recent years, according to ibaogao.com, a market research reports website. In 2015, its revenue reached more than 10 billion yuan (.6 billion), and the figure is expected to hit 30 billion yuan by 2020, with a compound annual growth rate of 24.6 percent.