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China, South Africa to boost exchanges among young scientists, president says

China's total tax revenue in the first half of this year was 7.68 trillion yuan, up 15.8 percent, slower than 18.4 percent in the first four months and 17.3 percent in the first quarter, the ministry reported.

China's top banking regulator issued draft guidelines Friday, with the aim of leading banks to strengthen data governance to ensure the authenticity, accuracy and comprehensiveness of data for better risk management.

China's preschool education market reached 214.3 billion yuan in 2017, growing 9.11 percent year-on-year, said a report from qianzhan.com, an industry information provider. The market is expected to surpass 540 billion yuan by 2020, boosted by the second-child policy and the new-generation parents' emphasis on education. At the same time, the K12 (kindergarten through 12th grade) education market has also been flourishing in the nation. During the first six months of 2018, investments in China's K12 education market totaled 3.2 billion yuan. It is estimated that the online K12 education market will reach 88.4 billion yuan by 2020.

China's securities sector will likely see a bigger wave of foreign investment next year as more global financial institutions will seek control of their joint ventures and their participation will bring more competition which is beneficial for the long-term development of China's securities industry, analysts said.