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Apart from companies involved in a number of key sectors mentioned by the agency, the government will strengthen anti-monopoly law enforcement by local governments and industry associations that may have been involved in administrative monopoly abuse, according to Wang Junlin, an antitrust lawyer at Beijing-based Yingke Law Firm.

Any person who libels or insults heroes and martyrs will face criminal punishment, according to a draft law unveiled on Friday.

Anta has no intention to limit itself to the mass market though. It has set its sights on the top-end segment of the sportswear market.

Anti-dumping duty rates for US imports range from 16.9 percent to 33.5 percent, those for Canadian imports range from zero to 23.7 percent, while Brazilian companies are subject to rates from 6.8 percent to 11.5 percent, according to the original decision.

Anthony Fauci, the US top infectious disease expert, warned on Monday that the country is "still knee-deep in the first wave" of the pandemic and the US handle of the outbreak is "really not good".