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"Chinese companies have gained an upper hand in large-screen LCD displays. South Korea's Samsung and LG have announced they will exit from the LCD sector, which means Chinese panel makers will take a dominant position," said Li, adding that the South Korean firms will focus on OLED and QLED(quantum dot light-emitting diode) displays.

"China's auto production and sales are likely to hit about 25 million units this year, similar to that of the previous year," Meng said at a news conference in Beijing. "And the production and sales of new energy vehicles are expected to exceed that of 2019."

"China will penalize seriously according to law any activity that investigation shows has indeed violated the resolutions," Geng said.

"Customers needing special requirements for timing and delivery will benefit from the service to be launched between Shanghai and Suzhou in Jiangsu province, Changzhou in Jiangsu province, Xuzhou in Jiangsu province, Chengdu in Sichuan province, Zhengzhou in Henan province and Xi'an of Shaanxi province," said Yan.

"China's three internet giants are building a rich digital ecosystem that is now spreading beyond them. Baidu, Alibaba, and Tencent ... are driving technical performance such as computing efficiency to set new world-class standards," the MGI said.