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China's commercial banks will continually increase lending to small businesses with sound tax payment records to ease shocks from the coronavirus pandemic, the country's tax authorities and bank regulators said on Wednesday.

China's instant delivery market keeps expanding as a result of "indolence economy" and fast living pace, Wang Xiaoping, associate dean of logistic school at Beijing Wuzi University, told Economic Information Daily.

China's home furnishing and decoration industry has seen steady growth at a rate of 7 percent annually the past few years. The highlights were in online shopping due to its wide selection and convenience.

China's foreign exchange reserves fell slightly to .11 trillion in August, according to data the People's Bank of China released on Friday.

China's national observatory issued a yellow alert Saturday for Typhoon Bailu, which is expected to bring gales and torrential rains to south China.