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Concerns about trade friction had pulled down A shares recently and triggered capital outflows via stock connects with Hong Kong. On Tuesday, the net outflow via the northbound trading of stock connects between mainland and Hong Kong bourses reached 10.8 billion yuan (.57 billion), the second highest in history.

Compared to the first quarter last year, the number of new jobs increased 7.8 percent, while applicants grew 2.1 percent, according to the Ministry's latest survey of 100 cities.

Commercial banks' combined net profits totaled 855.5 billion yuan (about 3.7 billion) in the first five months this year, with their average return on assets standing at 1.1 percent and a capital adequacy ratio of 13.6 percent.

Commuters can ditch their metro card and use electronic one on their phones to pass through the subway lines in Beijing from Aug 14.

Companies in the United Kingdom have embraced the inaugural China International Import Expo in an effort to hedge against uncertainties as the country prepares to leave the European Union, industry insiders say.