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Anta Sports Products Ltd, the mainland's largest sportswear retailer by market value, posted record annual profits for a third year in a row as its multi-brand strategy paid off and the company gained from the rising demand for sportswear and sporting goods in the country.

Another report by the China Academy of Information and Communications Technology said that the superfast 5G is expected to directly bring 10.6 trillion yuan (.5 trillion) in economic output between 2020 to 2025, and 8 million jobs by 2030.

Apart from helping Africa's growing middle class to bypass the traditional, often more costly, retail channels, the e-commerce platforms are also making it possible for African producers to reduce many of the barriers to access markets around the world. This is crucial for Africa as it seeks to embark on a journey toward industrialization at a time when other regions already have extensive reach and presence in the world markets. E-commerce thus acts as a leveler for emerging African producers and industrialists looking to find foreign markets.

Apart from research on new drugs, researchers are also searching for treatment options with approved drugs, including traditional Chinese medicines, and drugs for flu and HIV. China has world-leading capabilities in anti-virus research, from experiences accumulated during the SARS, MERS and Ebola outbreaks, according to Xiao.

Another Hong Kong legislator, Eunice Yung Hoi-yan, who is also a lawyer, said she found it unfair to Hong Kong's international image, as the video spread the false message that cats and dogs can be eaten in Hong Kong.