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"Economic data for March have beaten market expectations in many aspects, and based on those data, China's year-on-year GDP growth rate in the first quarter may reach 6.3 percent or a bit higher," said Liu Chunsheng, an associate professor of economics at the Central University of Finance and Economics in Beijing.

"Democrats know that while they can vote impeachment charges out of the House of Representatives, those charges, whatever their merits, are unlikely to be sustained in the Senate," said Cal Jillson, a political scientist and historian at Southern Methodist University in Dallas, Texas.

"During my childhood, I enjoyed the rituals of Spring Festival, such as getting new clothes and receiving 'lucky money.' But as a grown-up, these are now just fond memories."

"Despite retail sales falling for the sixth consecutive month, the continued growth in transaction prices is allowing manufacturers to offset lower sales with higher revenue," JD Power analyst Thomas King said in a statement.

"Even in the midst of this pandemic, we saw that there are great opportunities, particularly in the development of digital infrastructure," said Serem.