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As much as 4.04 trillion yuan (1.4 billion) worth of automobiles were traded through retail channels across China in 2016, and the penetration of automobile financing had reached 35 percent. Compared to other retail sectors, automobile consumers are more traditional, meaning there is still huge room for upgrading and development, according to a report on the application of fintech in China's automobile finance sector published on Dec 12.

As of April 16, Chinese procuratorates at all levels had prosecuted 166 people for producing and selling counterfeit or inferior products related to the outbreak and 21 people for jacking up prices of goods, according to data from the Supreme People's Procuratorate, the top procuratorate.

As of 7:00 pm Monday, 1,193 listed companies on the A-share market have disclosed their R&D spending in financial reports for 2019, which amounted to 420.1 billion yuan (about billion), the report cited data from financial information service provider Wind.

As per his estimates, the abolishment of the seven-day Labor Day holiday since 2008 has caused a loss of 500 billion yuan (.44 billion) in the tourism sector.

As part of measures to curb the spread of the novel coronavirus, many communities in Shanghai have significantly limited access to their premises.