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China's online healthcare market is expected to see explosive growth this year as the COVID-19 pandemic has accelerated the digitalization of the healthcare services industry along with the adoption of state-of-the-art technologies such as 5G and the internet of things.
China's continuing reform and opening-up will revitalize the A-share market and improve liquidity in it this year, insiders said.
China's foreign exchange reserves stood at .1249 trillion at the end of April, lower than the .1428 trillion registered at the end of March, according to the central bank.
China's leading new energy carmaker BYD Co said cutting subsidies is a necessary step before China's policy that carmakers produce a certain number of new energy cars takes effect starting from 2019.
China's non-performing ratio declined in the fourth quarter of 2016, the first time since 2012, suggesting that the loan losses that have posed risks to the country's financial market are finally easing. At the end of 2016, lenders saw the ratio of their non-performing loans fall to 1.74 percent, slightly down from 1.76 percent a quarter ago.