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As the UAE is one of the favorite destinations of Chinese tourists as well as a major international transportation hub, the upcoming visa exemption measure will annually benefit about 1 million Chinese tourists heading to the country and another 3.5 million Chinese travelers stopping over there, Guo said.

As per the report, the wage gap between men and women mainly depended on occupation, industry and work experience. For example, men were more involved in well-paid jobs, such as technology, selling and engineering, while women held posts in administration, operation and marketing, which are more stable, but less paid, it said.

As the renminbi largely reversed its relation with the US dollar from February to mid-June, it will probably return to a regime of relative stability in the trade-weighted exchange rate, or to appreciate if the broad trade-weighted US dollar depreciates, said Robin Xing, chief China economist with Morgan Stanley.

As the virus continues to spread, he called on the US to strengthen cooperation with China in fighting the COVID-19 pandemic, support the World Health Organization's leading role, provide assistance for developing countries' anti-epidemic efforts and contribute to global cooperation on public health security.

As the State-VI emission standards will be implemented from July 1 this year, some Japanese brands have launched corresponding products ahead of their counterparts, and performed well in sales and consumer confidence, CPCA said.