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China's economic recovery is forecast to accelerate in the year's second half on the back of strong domestic policy support and the reopening of overseas markets. GDP growth is likely to rebound to about 5 to 6 percent in the second half while the growth rate is predicted to rise to around 7.5 percent next year, according to analysts with UBS Wealth Management.

China's civil aviation watchdog is stepping up efforts to keep airlines on schedule amid a midsummer travel peak that coincides with frequent extreme weather, including storms and heavy rain.

China's economy expanded 6.9 percent for the first half of 2017. In light of the strong data and expectations of continued fiscal support, the IMF in July revised up China's growth forecast for 2017 and 2018 to 6.7 percent and 6.4 percent respectively.

China's dairy industry has been expanding its reach to global markets in recent years.

China's outbound investment could be affected by the outbreak of novel coronavirus pneumonia this year, and experts suggested companies prepare to hedge possible risks in advance, according to newly released research from Ernst & Young (EY), a global professional service group.