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Andrews also confirmed on Friday that two people had lost their lives as a result of the Victorian fires this week, taking the national death toll for the season to 19.

An online trial takes place in the Guangzhou Court of the Internet on Tuesday. [Photo by Zheng Caixiong]

Analysts from China Merchants Securities wrote in a note that sales of baijiu during the Spring Festival holiday, which is the peak season for this product, were as per expectations.

And since 2016, the authorities have pledged to pull at least 10 million people out of rural poverty each year. In the same year, the one-child policy was officially relaxed nationwide and recent announcements are pointing toward even providing financial incentives for families who expand beyond three members.

Analysts believe more measures are in the pipeline. The negative list that determines where foreign participation is prohibited or limited is expected to become shorter. Foreign investors will see more favorable policies in taxation, less red tape in investment approval, and stronger protection of intellectual property rights.