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The Chinese mainland has recorded more than 17,000 confirmed cases of coronavirus infection. A total of 361 people have been killed.

The Chinese luxury market is quite peculiar as millennials (aged 20-34) are the major contributors to its growth. Chinese consumers start to purchase luxury items at an earlier age and buy more frequently. They are digitally savvy, highly knowledgeable about luxury categories and prefer "fashion", "street casual", "new" and "in-season" products. They look to express their unique personalities through distinctive looks.

The China Parent-Child Co-Reading Report 2017, which was released on Tuesday, also found that more than 35 percent of children whose parents read more than two hours a day formed the same habits, compared with only 1 percent whose parents read less than half an hour.

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The Caixin PMI is a private survey that monitors smaller businesses that are sensitive to changes in the macroeconomic environment.

The Chinese artists also staged eight public performances at the theatre, in the streets and at a local cancer hospital during their one-week visit.

The China Banking and Insurance Regulatory Commission said on Wednesday that it will step up efforts to prevent systemic risks and better serve the real economy this year.

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The China-set live-action film was first scheduled to hit US theaters on March 27 but was later rescheduled to July 24 due to the pandemic. Hollywood studios delayed nearly all of their big-budget movies in the United States and other countries as theaters were shut down in an effort to combat the coronavirus.

The China National Tourism Administration (CNTA) has urged local hospitals to spare no efforts to treat the injured and Thai police to find out the cause of the accident as soon as possible, according to CNTA head Li Jinzao.

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The Chinese New Year, also known as Spring Festival, is the most important traditional festival for people of Chinese origin, featuring family reunions, feasts and performances.

The Chinese economy maintains a stable and positive momentum into 2017,with first quarter GDP up to 6.9 percent, further accelerating growth rate by 0.2 percentage points year on year.