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The regulatory change is among a series of actions taken to further open China's market.

The report also highlighted that Beijing has a talent pool with digital skills who are adding value to development tools, computer hardware, animation, digital marketing and computer networking.

The regulation was announced just minutes before it took effect, giving little time for practitioners to make adjustments. Chan defended the decision to issue the new measures so quickly. She said this was common practice when handling public health problems.

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The regulations target unfair price behavior, below-cost and tiein sales, restricted transactions and additional unreasonable trading conditions. It would also consider whether a transaction treats different customers in different ways based on big data, payment ability, consumption preferences and usage habits, said Dong.

The remarks also came against the backdrop that some Trump administration officials have tried to push a debunked conspiracy theory that the coronavirus originated in a Chinese lab, despite wide scientific consensus that the virus was not man-made or genetically modified.

The report also cited the increasingly diverse channels for female users in online purchases, including content platforms, social networking platforms and recommendation-based platforms.

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The regulators have required some financial institutions to suspend the offering of investment products with complex structures and high trading leverage, Chinese media reported citing people with knowledge of the matter.

The report said 1.11 out of every 10,000 orders were suspected to be fake products, 26 percent below the previous year.

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The report noted that Davis' remarks came as major testing companies "are already struggling to keep up with demand at a time when 5.5 million tests are being conducted each week."

The report said Chinese travelers prefer convenient and safer foreign destinations and the Philippines was among top 10 destinations for Chinese travelers in 2018.