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Market insiders said that with technology advancement and consumption upgrade, demand for high-quality headphones is also rising. They said consumers need better-quality equipment for their entertainment activities, and that consumers prefer fashionable, high-tech headphones.

Market stocks of daily necessities are sufficient in Wuhan and its neighbouring places, with staple products like vegetable reporting price drops, the MOC said.

Maurice Obstfeld, the IMF's economic counsellor and director of research, made the remarks in an exclusive interview with Xinhua as the IMF revised up China's growth forecast for 2017 and 2018 to 6.7 percent and 6.4 percent respectively.

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Mao Shengyong, spokesman of the National Bureau of Statistics, said at a news conference on Monday that China's economic structure has been undergoing optimization and upgrading as consumption accounted for 78.5 percent of the country's economic growth during the first half of this year, a year-on-year increase of 14.2 percentage points.

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Many Hong Kong people expressed disapproval of the violence and vandalism by voluntarily clearing debris and barricades left by riotous mobs and tried to drive them away. Radicals went on a rampage of destruction for the third consecutive day on Wednesday in an attempt to paralyze traffic and bring the city to a standstill.

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Many people have had their daily lives severely hit by the outbreak. According to a recent national survey by market consultancy iiMedia Research, about 70 percent of respondents said their income has been drastically reduced due to the COVID-19 outbreak. More than 30 percent said they have lost revenue or their income has significantly declined.

Mars is also looking to improve its digitalization in China, and has worked with major digital giants including Alibaba Group Holding Ltd and Tencent Holdings Ltd. Online distribution channels have also offered them ways to provide personalized gift experiences at special occasions to attract younger consumers who shop online, Delabriere said.

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Many measures from the dozens of inquests going back to the 1930s have still not been implemented.

Martin Jacques, a senior fellow of politics and international studies at Cambridge University, attributed China's success to the CPC's constant reforms and its principle of "serving the people".