As of February 20, China Unicom, a leading telecom operator, has launched 64,000 5G base stations across the country. According to it, a total of 250,000 5G base stations will be constructed across the country in joint efforts with China Telecom by the end of the third quarter. As the outbreak of the novel coronavirus takes a toll on economic activities, the company has pushed back resumption of work on 5G network infrastructure to mitigate the impacts.

Among the 296 listed companies on the two major stock exchanges on the Chinese mainland that have released their annual results as of February 25, more than 75 percent reported profit growth last year. The steady increases in the net profit are mainly attributed to the substantial growth in revenue from main businesses, higher gross profit margin of key products and sales of equity and other assets.

China's local authorities raised a total of 785 billion yuan ($112 billion) through bond issuance in January. To further spur the economy, it has eased the restrictions on infrastructure construction financing, allowing local governments to use part of special-purpose bonds as project capital to support major infrastructure projects.