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China's consumer price index, the main gauge of inflation, posted its first year-on-year drop in 11 years last month, mainly due to a high comparison base of pork prices, officials and experts said on Wednesday.

China's insurance sector saw premium income fall 3.33 percent year-on-year to 2.2 trillion yuan (0 billion) in the first half of the year, official data showed.

China's new-energy cars are expected to reach up to 6 million by 2020 when 200,000 tons of power batteries are estimated to retire. The retired battery piles, if not properly dealt with, will pose a great threat to the environment.

China's economy expanded at a 6.9-percent pace in the first quarter, accelerating from 6.8 percent in the previous quarter, and 77.2 percent of it was driven by consumption, 12.6 percentage points higher than the 2016 level, according to official data.

China's express delivery firms handled 675 million parcels nationwide on Nov 11, the Double 11 online shopping festival, an increase of 26.16 percent year-on-year, showed data from the State Post Bureau.