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China's market regulator said on Monday that the government will promote stricter regulation and supervision over online commerce, amid public concerns about false advertising, fake imported goods and monopolistic practices.

China's listed banks entered a period of stability with steady growth and lower non-performing loan ratios and overdue loan ratios in the first half of the year, but pressure for competition may mount and lenders need to increase their pricing and cost control abilities, according to a report.

China's national offshore trade pilot area will be established at the Yangpu economic development zone in South China's Hainan province.

China's economy totaled 82.7 trillion yuan ( trillion) in volume in 2017, expanding 6.9 percent as it picked up pace for the first time in seven years.

China's first recyclable calcinator for mica was developed successfully by China Crystal New Material Holdings Co Ltd, cutting the calcining process by 33.3 percent and greatly improving the quality and efficiency of compounding mica.