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China's economic growth softened at the start of the third quarter, as the market showed stronger risk-averse sentiment after the US decided to impose additional tariffs on some Chinese goods starting next month.

China's consumer price index (CPI), a main gauge of inflation, rose 2.9 percent year-on-year in February, the National Bureau of Statistics said Friday.

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.

China's housing market had a red hot start to 2017 with soaring prices in some major cities, but ended on a cool note after local governments rolled out a string of restrictive measures echoing the central government's call that "housing is for living in, not for speculation."

China's once-expanding debt has been curbed under tightened governing measures and regulations, leaving more space for further financial opening-up and reforms, said Zhou Xiaochuan, the central bank governor, on Friday.