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As the China's economy was facing new challenges amid the coronavirus outbreak, iQiyi's online advertising services decreased 27 percent year-on-year to 1.5 billion yuan in the first quarter.

As structural deleveraging is mainly directed against the current imbalance in China's economic development, Kang said leverage should be moderately increased in infrastructure investments on areas such as roads, railways and sewer systems and further reduced in industries of overcapacity and low efficiency.

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.

As the novel coronavirus has been further contained in China, some automobile companies started to see improved sales growth in April.

As the second-largest economy in East Africa, Tanzania is one of the fastest-growing countries in the region.