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Infrastructure construction could be further fueled by inviting more private funds into local governments' fiscal spending under new policies and clarified regulations, on which policymakers will count to shore up the world's second-largest economy this year.

Industrial and Commercial Bank of China, the country's largest bank, has "enlarged" its brick-and-mortar outlet network in cooperation with fintech company JD Finance.

Inditex, the parent of fast fashion brands including Zara and Massimo Dutti, was ranked fifth with 0.9 percent share.

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Industry body calls on authorities to implement government guidelines

Information services, the biggest contributor, raked in 297.8 billion yuan during the period, up 21 percent than a year ago and making up 69.5 percent of the internet business revenue.

Industrial output rose 6.6 percent last year, up 0.6 percentage point from a year earlier, the National Bureau of Statistics said on Thursday, driven largely by the global economic rebound, momentum from the Belt and Road Initiative and surging domestic demand.

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Industrial data showed that about 13.8 million used cars were traded in China in 2018, up 11.5 percent year-on-year.

Initially, 234 large-cap A-share stocks will be added to the MSCI EM Index. The inclusion will be further expanded in August, making China's A shares account for about 0.81 percent of the overall index.

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Incredibly, that was a staggering 2,000-fold increase from 2009, and triple the spending power of Black Friday and Cyber Monday combined in the United States in 2016.

Inflation remained mild, with growth of the consumer price index declining to 2.2 percent last month, which analysts expected to ease further next year, making it easier for the central bank to maintain liquidity at a reasonable and sufficient level.