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In June, authorities issued a reform plan on improving the exit system for market entities, calling for a better legal system for bankruptcy to clear out "zombie enterprises" that suffered extended losses and outdated production capacity.

In Hangzhou, Zhejiang province, coupons generated consumer spending of more than tenfold the face value of the coupons, officials said.

In July, the ninth meeting of the Communist Party of China's central committee for deepening overall reform officially approved a master plan on building a demonstration area for local economic and trade cooperation between China and the Shanghai Cooperation Organization. The area is based in Jiaozhou, which forms part of Qingdao.

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In December 2008, the Case-Shiller home price index reported its biggest price drop. Subprime loans made to buyers who couldn't repay their mortgages fueled the crisis.

In February, e-commerce apps Taobao and Pinduoduo figured among the top 10 apps with the most active penetration rates among female users, said the report. It also cited the increasingly diverse channels for female users in online purchases, including content platforms, social networking platforms and recommendation-based platforms.

In China, society has come together to battle the contagion. Medics are working around the clock, volunteers are spreading awareness about containment efforts and the public's response is helping. Most people are wearing face masks when outside their homes. An elementary but necessary measure.

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In February, the committee predicted that China's corn imports for 2018 would be around 1.5 million tons, up by 300,000 tons from a month earlier.

In June, Chinese aerospace and mining group Ligeance Investments, a subsidiary of Shaanxi Ligeance Mineral Resources, acquired the United Kingdom-based Gardner Aerospace Holdings Ltd. This is a supplier of aircraft engine manufacturer Rolls-Royce Holdings Plc and European aircraft manufacturer Airbus Group SE. The deal is 326 million pounds (0.5 million).

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In July, a deliveryman in Qinhuangdao, north China’s Hebei province, exposed the unsanitary working conditions in the kitchen of a fast food restaurant, leading to a crackdown on the venue.

In Dubai, Mashreq Bank said it is cooperating closely with Alipay. Over the next three months, the number of merchants that have access to Alipay is expected to rise to 1,000 from 150 now.