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China's online education promises an almost billion market in 2019 with an annual growth rate of 20 percent, according to Beijing-based market consultancy iResearch.

China's internet giant Tencent will take 42.48 percent of the new company and Gaopeng, a joint venture by US group-buying website Groupon and Tencent, will hold the remaining 6.52 percent.

China's manufacturing sector in March stayed above the boom-bust mark for the eighth month in a row, with traditional sectors like oil refining, coking and metal smelting witnessing robust growth, the National Bureau of Statistics (NBS) said.

China's new yuan loans increased faster than expected in November, up by 1.39 trillion yuan (7.2 billion), mainly driven by the expansion of corporate and long-term household debt, as per the central bank data released on late Tuesday.

China's market economy status in the World Trade Organization must not be denied by any countries or regions, as its market-oriented economy has benefited the world economy via the multilateral trading system for more than a decade, said a former senior commerce official on Monday.