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Middle-income consumers account for more than 60 percent, while the high-income group takes up over 30 percent.

Microsoft, based in Redmond, Washington, said it hopes workers in some cities, including New York, will be able to return to work this fall.

Mobile internet and data usage increased 26.7 percent in 2017, with the monthly average of data consumed by per household reaching 1,775 megabytes, more than double that in 2016, said MIIT chief engineer Zhang Feng.

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Mickey, Minnie Mouse and other popular Disney characters at the party. [Photo provided to chinadaily.com.cn]

Monetary authorities have showed caution on stimulus since the outbreak, as they wanted to monitor the inflation and leverage level, and prefer the option to utilize conventional measures. PBOC officials believe that once the rate approaches zero, the monetary policy measures will be less efficient and passive.

Modi pushed for the annual event to be celebrated worldwide after winning power in 2014, promoting a lifestyle industry that has grown up around the ancient physical and spiritual discipline and is estimated to be worth around billion.

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Mobile Taobao, for example, is the customer-to-customer marketplace, which links up to Tmall and group-buying site Juhuasuan.

Moderna's vaccine can be thawed and kept in a normal refrigerator for 30 days. Pfizer's vaccine can survive in a normal refrigerator for five days.

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Moody's Investors Service, a global credit ratings agency, said in a report that during the first eight months of this year, new lending rose by 25 percent on a yearly basis to 15.1 trillion yuan. Formal bank lending will continue to dominate new credit supply, the ratings agency said, adding that banks would continue to maintain a strong flow of long-term credit to corporates in line with the government's policy of providing adequate support to businesses and investment.

Ministry to come up with policies to speed process 'as soon as possible'