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As the internet has trickled to some of China's most poverty-stricken villages－such as those in the mountains of Guizhou and Sichuan provinces－the poverty relief authorities have placed greater emphasis on combating rural poverty using e-commerce, as well as improving infrastructure such as roads and cold storage facilities.

As the saying goes, "trees don't grow to the sky". The Chinese economy could not conceivably continue the extraordinarily high growth rates seen earlier. An economy growing at 14 percent doubles every five years. Even at 7 percent, it doubles every 10 years. And at 6 percent, it doubles every 12 years. Creating another Chinese economy every decade or so is a huge accomplishment - especially now that the economy is already very large.

As the outbreak waned, Hong Kong has started to cautiously and gradually relax social distancing measures. Starting Friday, more entertainment venues will reopen, including bars, karaoke lounges and amusement parks, and restrictions over restaurants will also be eased.

As the US government stopped billion worth of Chinese M&A activities in the country between January and June, investing in the US will only get harder over the long run. Chinese companies invested only .8 billion in the US in the first half of this year, down 90 percent year-on-year, reaching the lowest level in seven years, according to the Beijing-based China Institutes of Contemporary International Relations.

As summer arrives, Changning county in Southwest China's Yunnan province is blooming with red and blue flowers.