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As protesters paralyzed traffic in Hong Kong on Monday, local residents were visibly irked by the protesters' move to bring the city to a standstill and called them "rioters."

As the industrial internet is integrated with the real economy in some areas including manufacturing, energy, transportation, construction and agriculture, it sparks a new kind of kinetic energy in the real economy, and speeds up the digital transformation in all industries, said the China Academy of Industrial Internet.

As the central government will release its three-year action plan for State-owned enterprises (2020-22) soon to enhance the nation's efforts to steer the economy toward innovation and technology-driven high-quality growth, the official said that for the next stage, the SASAC will create a sound environment for reform so that businesses of all kinds of ownership can realize integrated and common development.

As the Chinese market returns to normal, and Europe and the US are just starting to reopen their economies, the ability to connect with Chinese consumers can define whether a business survives or not, Langer said.

As the online sales sector has played a prominent role in driving social consumption in China, the country will launch an online shopping festival to boost consumption from April 28 to May 10, said Cai Yudong, deputy director-general of the department of electronic commerce and informatization under the Ministry of Commerce.