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Chinese mainland A-share stocks hit 21-month highs on Monday morning after a weeklong National Day holiday, benefiting from the central bank's targeted reserve requirement ratio cut and a strong global equity market performance.

Chinese are paying for online entertainment content, including online games, videos, music and livestreaming platforms, the report said. Online video platform iQiyi.com has seen massive subscriber growth, with paying subscribers surpassing 50 million.

Chinese and Russian leaders have maintained frequent contact, and Putin said he cherishes his friendship with Xi and their relationship based on mutual respect, and that the frequent contact is conducive to expanding bilateral cooperation between China and Russia in political, trade, military, technological and cultural areas.

Chinese e-commerce giants, gadget-makers and financial solution providers are now shaping the global retail sector, said industry leaders and market insiders at the Retail Big Show 2019, a retail convention and expo held earlier this month in New York.

Chinese brands that are exploring overseas markets can gain more exposure and get closer to their global consumers through sponsoring major global sport events, he said.