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China's rural population living in poverty has decreased from 770 million to 55.75 million between 1978 and 2015. An additional 12.4 million were lifted out of poverty last year, and China is aiming to lift all people out of poverty by 2020.

Chinese PC maker Lenovo took the crown in the global PC market in 2018, followed by US-based companies HP and Dell, according to data from consultancy Gartner released on Thursday.

China's television industry is expected to rebound this year after witnessing a downturn in 2017, with sales ascending to 48.98 million units, up 3.1 percent year-on-year, owing to the consumption upgrade and stimulation from sports events, said Beijing-based consultancy All View Cloud.

China's top court has published a list of 10 of the most influential judgments in 2017.

China's top banking and insurance regulator issued draft rules on commercial banks' online lending business in May. The regulator affirmed the cooperation between banks and third-party institutions on offering online lending services to small businesses and gave specific instructions on how to promote sound development of this business model. Now that the policy is clear, banks and third-party institutions will make long-term arrangements accordingly, Bai said.