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China's biggest internet companies are building the infrastructure to support big data, particularly through the proliferation of mobile payments and growing cloud-computing operations, Bloomberg Intelligence (BI)'s latest report on China's retail industry.

China will push for adopting fully online procedures for starting a business in order to further reduce the time required for setting up an enterprise to no more than four working days, said the circular.

China's National Development and Reform Commission on Thursday warned coal miners not to temporarily close to avoid inspections as the country's top economic regulator works to stabilize prices amid environmental and safety checks.

China will link the personal mortgage loan rate to a new lending rate reference, starting from Oct 8, to make it more flexible and market-driven, the central bank said in a statement on Sunday.

China will step up international cooperation in epidemic containment and carry out strict quality supervision of its exported medical supplies, the group said, adding that ineligible exporters, those who failed to follow quality standards and those inflating the price of products and raw materials will be punished in accordance with the law.