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Chinese consumer electronics giant TCL Corp said the plan would play a vital role in boosting the development of the Pearl River Delta region, and the Greater Bay Area would become a region with the most dynamic economy and strongest competitiveness across the nation and even globally in the future.

Chinese citizens especially travelled to Japan, the Republic of Korea and Thailand, but also to the United States and some other destinations in Europe, the WTO said.

Chinese aviation companies cut major deals at the Farnborough International Airshow in the United Kingdom this week, as news broke that the Chinese air travel market is on course to become the biggest in the world.

Chinese fintech companies took four of the top 10 spots in the 2018 Fintech100 report, and three of the top five, as Chinese incumbents continue to build scale with a heavy emphasis on payments and insurance.

Chinese banks reported that their aggregate net profit fell 9.4 percent year-on-year in the first half to 1 trillion yuan, the official data showed, especially due to higher expected credit losses and lower net interest margins related to the rate cuts of the People's Bank of China, the central bank.