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China's current account with the rest of the world will remain balanced and stable this year, easing the depreciation pressure on the renminbi despite Sino-US trade tensions, according to the country's foreign exchange regulator.

China's first domestically produced single-aisle passenger jet, the C919, is expected to take to the sky for its maiden flight on Friday, as the country endeavors to meet soaring domestic travel demand and break the global market duopoly of Boeing Co and Airbus Group SE.

China's economic resilience has stemmed from the sustained demand for services and goods, despite the rapid economic growth in recent years. The epidemic won't change these dynamics given China's nascent consumption boom, said Patrick Tsang, CEO of Deloitte China.

China's overall property sales area increased by 7.9 percent year-on-year in the first 11 months of 2017, down from 24.3 percent for the same period of 2016.

China's leading online arts education platform Meishubao Education said on Thursday that it has raised 0 million in its series D round of financing from a consortium led by TPG's global impact investing platform The Rise Fund, the largest single round of financing in China's talent-based education sector.