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China's first listed courier YTO Express plans to invest 100 million yuan in a new logistics information technology lab at its Shanghai headquarters.

China's imports of poultry and products are forecast to slightly grow by 4 percent to reach half million metric tons in 2018, according to a report released by US Department of Agriculture Foreign Agricultural Service.

China's logistics business index was 56.1 percent in May, up 1.5 percentage points from the previous month. The new orders index rose 1.6 percentage points, and the expected business activity index was 60.8 percent, indicating a positive future of the industry.

China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development. This is a pivotal stage for transforming our growth model, improving our economic structure, and fostering new drivers of growth. It is imperative that we develop a modernized economy. This is both an urgent requirement for getting us smoothly through this critical transition and a strategic goal for China's development. We must put quality first and give priority to performance. We should pursue supply-side structural reform as our main task, and work hard for better quality, higher efficiency, and more robust drivers of economic growth through reform. We need to raise total factor productivity and accelerate the building of an industrial system that promotes coordinated development of the real economy with technological innovation, modern finance, and human resources. We should endeavor to develop an economy with more effective market mechanisms, dynamic micro-entities, and sound macro-regulation. This will steadily strengthen the innovation capacity and competitiveness of China's economy.

China's major stock indices post strong gains on Monday.