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China has seen a surge in the civil aviation transportation market in recent years. The CASC has undertaken bulk purchases of Boeing aircraft to allow aviation transport companies to continuously expand their capacity and fleet structure, the CASC said in a press release.

China has seen a rapid increase in wine imports from Australia in the past years. The volume of imported Australian wine surged by 113 percent from 56,700 kiloliters in 2015 to 120,800 kiloliters in 2019. The imported price decreased by 13.36 percent from ,759 per kiloliter in 2015 to ,723 per kiloliter, according to data from the General Administration of Customs.

China is among the economies with the most notable improvement in business climate, according to an annual report released by the World Bank Group on Thursday, which compares business regulation in 190 countries and regions.

China is expected to expand the central bank's digital currency pilot programs to a broader range later this year or early in 2021, focusing on retail use. That may replace some functions of bank cards, a former State bank executive said.

China is already the world's largest new energy car market. It sold 490,000 such cars from January to October, a 45 percent rise year-on-year, according to the China Association of Automobile Manufacturers.