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As per the communiqué, a total of 2.21 trillion yuan (4.26 billion) of R&D funds were invested in the Chinese mainland in 2019, an increase of 246.57 billion yuan or 12.5 percent over the previous year.

As part of efforts to prepare for the flood season, the relief headquarters has sent 136 work teams to inspect 1,216 small-scale reservoirs to prevent possible risks, according to Zhang.

As more companies resume production, prices of some game consoles are coming down, but demand remains robust. Data from fast-rising e-commerce platform Pinduoduo showed that since March, sales of some consoles have increased by over 210 percent compared with the same period last year.

As people rely more heavily on e-commerce companies such as Amazon amid the novel coronavirus outbreak, it’s question some customers have as they bring boxes into their homes.

As per a survey combining industry insights and data collected at Trip.com, the Chinese tourism industry will face a short-term loss of more than 1 trillion yuan during the epidemic. That number can reach 10 trillion yuan by the end of the year, or 10 percent of China's annual GDP.