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China's civil aviation industry handled 610 million passenger trips in 2018, representing an 11.4 percent year-on-year increase, said statistics from the CAAC.

China's high-speed railway has been built in different regions with diverse geographic conditions. It even runs on the frozen soil in the northeastern region and also crosses mountainous regions in the Qinling Mountain. The technology has so far proved solid.

China's life insurance premiums are forecast to rise by an average of 15 percent per year in real terms from 2018 to 2019, supported by increasing household income and rising risk awareness, according to a report from Swiss Re.

China's non-manufacturing PMI edged down from the previous month and stood at 54.2 in July. The composite PMI, which covers manufacturing and non-manufacturing activities, edged down to 54.1 from June's 54.2, indicating an overall restorative expansion in economic activities, the NBS said.

China's economy steamed along in the second quarter with 6.9 percent GDP growth, beating market expectations and hovering well above previous institutional forecasts.