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As of January, Xiaohongshu had more than 200 million registered users, according to market research company Daxue Consulting. The app started out as a platform for outbound Chinese travelers to share their shopping experiences, but later featured a wide range of content, with a focus on areas such as fashion, food and travel.

As more efforts are made to rebalance away from investment and external demand toward domestic consumption, China's growth is projected to moderate in 2018-2019 but remain higher than many economies in the region, it said.

As of late March, 98.6 percent of the large-scale businesses in China had resumed operations with 89.9 percent of their employees returning to work. Over 76 percent of small and medium enterprises had resumed operations, according to the Ministry of Industry and Information Technology.

As of Jan 2, the police had arrested 6,943 people since massive anti-government protests first erupted on June 9. Nearly 1,100 have been charged with unlawful assembly, rioting, arson, assault causing bodily harm, assaulting police officers, possession of offensive weapons and criminal damage.

As one of the first multinational companies to enter China, PepsiCo has been operating in the country for 37 years.