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As per the previous directive, the ban was supposed to end on Friday (July 31).

As the release of capacity after the end of heating-season restrictions helped to rebound China's industrial production in April, the growth pace is about to slow down in the following months, resulting in a 6.7 percent GDP growth in the second quarter, Citibank predicts.

As the world's second largest economy, China is in the middle of a major economic transformation shifting from speed to quality. For example, slower GDP growth is more tolerable while other factors including employment, environment and industrial restructuring are given greater importance.

As the next generation of information technology is driving the digital transformation, data has become a key asset in the digital economy as well as a new target for hackers. [Photo/VCG]

As the epidemic is now in check and pre-holiday bookings are booming, the tourism market could be more active during the upcoming holiday than during the previous holidays in May and June, said He Yanqing, an analyst with China Securities, prior to Oct 1.