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China's foreign trade volume surged 6.5 percent to 2.93 trillion yuan in July, an encouraging sign showing economic recovery in many parts of the world and the positive effect of the nation's trade policy measures introduced earlier this year.

China's high-tech titans Alibaba and JD are also expected to issue CDRs in June, as Chinese business magazine Caixin reported earlier.

China's largest online travel agency Trip.com found nearly two-thirds of its car rental customers are new users this year. Industry-wide, 45 percent of the total car rental customers are new, which is a strong indication of the growing potential of the sector, Trip.com said.

China's first-ever guideline that advocates entrepreneurial spirit and creates a favorable environment for entrepreneurs will play a vital role in driving the ongoing supply-side structural reform to further boost innovation, experts said.

China's exports of textiles to the US are expected to shrink if the US tariff list targeting 0 billion worth of Chinese goods takes effect, Li Jie, an analyst at Everbright Securities, wrote in a research note.