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China's more than 130 city commercial banks, which were founded in 1995 through shareholding reform of urban credit cooperatives, recorded 32.3 trillion yuan in total assets, accounting for 12.9 percent of the industry's total.

China's economy continued steady expansion in the first half of this year with GDP up 6.9 percent year on year to about 38.15 trillion yuan (.6 trillion), data from the National Bureau of Statistics (NBS) showed.

China's demand for gold bars and coins soared 30 percent year-on-year to 105.9 metric tons in the first quarter of this year, the fourth strongest quarter on record, according to a report released by the World Gold Council on Thursday.

China's environmental protection and excessive production capacity reduction moves, which have cut production in some sectors and pushed up their profits, may continue next year, which will boost corporate profits, the note said.

China's livestreaming market was worth 23.9 billion yuan last year, with game streaming market valued at 3.73 billion yuan, according to Chinese consulting firm Zhiyan. The consultancy expects the livestreaming market's value will rise to 34.6 billion yuan in 2018 with that of game streaming reaching 4.46 billion yuan.