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China's famed "bike wars" may soon be fought on foreign shores, as Bluegogo and Mobike compete with fellow stand-free cycle hire company ofo in the British market.

China's growth was "better than expected and more optimized in structure" in the first six months, featuring improving indicators, increasing jobs, stable prices and a sound balance of international payments, Pan told the Chinese-language Securities Times newspaper.

China's e-sports market value reached five billion yuan (0 million) in 2017, and that will grow to 8.48 billion yuan this year, according to the 2018 China E-sports Development Report, which was published by Tencent E-sports, Penguin Intelligence and China Electronic Athletics magazine at the Global E-sports Leaders Summit and Tencent E-sports Annual Conference on Thursday in Shanghai.

China's motoring market is picking up steam amid effective epidemic control in the country, achieving positive growth for three consecutive months since April, Economic Information Daily reported Tuesday.

China's monetary authority will maintain a prudent monetary policy in the second half of this year, although some external factors may add to economic growth pressure, according to the country's central bank.