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As the COVID-19 epidemic took a massive toll on China's mobile phone sales, the country's phone processor shipments plunged 44.5 percent year-on-year in the first three months, the report said.

As the global demand rises and commodity prices are expected to continue to rise moderately in the second half, China will not face much growth pressure in the coming months, said the CITIC Securities report.

As the COVID-19 has been gradually contained, Chinese consumers' confidence in battling against the virus continues to improve.

As the new school semester approaches, groups in the Hong Kong Special Administrative Region voiced resolute opposition on Thursday to any individual or organization planning to bring politics onto campuses and into classrooms, including browbeating students into skipping school to attend rallies or bullying those who hold different political views.

As to the higher education radiation, Beijing, Shanghai, Wuhan are the top three cities, followed by Nanjing, Xi'an, Guangzhou, Changsha, Chengdu, Tianjin and Harbin. The 10 cities account for 69.3% of universities listed in Project 211 and Project 985, and 26.0% of all the students studying in regular universities. The top 30 cities make up 92.8% and 57.1% respectively. China's higher education resources, especially high quality ones, are highly concentrated in the leading cities of the ranking.