China was confirmed to have been the only major economy that expanded in the crippling pandemic year of 2020, and it also sustained its growth momentum in February, making it a key engine of global economic rebound, officials and experts said on Sunday.

Chen Miao, a 28-year-old bank clerk in Beijing, found to her surprise that her spending last year was double that of the previous year, despite the COVID-19 pandemic keeping her home for almost five months.

The Chinese central bank governor has called for increasing the general allocation of the international reserve assets created by the International Monetary Fund to enhance all G20 members' ability to handle unintended global financial vulnerability amid the COVID-19 pandemic.