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China's economy is predicted to expand 6.7 percent in the first half of 2018, according to a report released by the international financial research institution with the Bank of China.

China's first officially authorized data asset assessment center was launched in Inner Mongolia autonomous region on Saturday as local government beefs up efforts in developing its big data industries.

China's economy will be among the first in the world to rebound under stepped-up recovery of economic activities, and the country's accomplishments in fighting COVID-19 also appeal to global investors, said Guan Tao, an economist with BOC International.

China's consumer confidence, an indicator of economic booms and busts, bounced back to its record high in the past 12 months as the economy stabilized, according to an index published by global measurement firm Nielsen last week.

China's online ride-hailing market will value at billion by 2020, according to the global consultancy Bain& Company.