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China's industrial enterprises registered their highest profit growth in six years in 2017, due to overcapacity cuts and cost reduction efforts, and analysts said the trend of steady industrial profit growth may continue this year.

China's economic growth weakened to 6.2 percent year-on-year in the second quarter this year, compared with 6.4 percent growth in the first quarter.

China's internet giants including Alibaba Group Holding Ltd and JD.com Inc have ramped up efforts to deploy offline channels as pure-play e-commerce growth starts to stagnate. Alibaba has completed a series of buyouts including retail chain Intime Retail Group Co, while JD backed Yonghui Superstores and announced plans to open 1 million namesake convenience stores in five years.

China's internet-based medical firms are stepping up efforts to offer psychological support to those in need. The efforts come amid rising concerns that the aftermath of the novel coronavirus outbreak may see a potential rise in people with mental illnesses like post-traumatic stress disorder.

China's key areas for economic reform and industrial upgrading will grow into new opportunities in many German companies' investment plans, said Alexandra Voss, a member of the German Chamber of Commerce's all-China board.