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Chinese State Councilor and Foreign Minister Wang Yi (L) meets with South African President Cyril Ramaphosa (R) in Pretoria, South Africa, June 3, 2018. China and South Africa on Sunday agreed to further strengthen bilateral cooperation in face of a complex and changing international landscape. [Photo/Xinhua]

China's retail sales, which posted their first positive year-on-year growth last month, remained the weakest link as other economic indicators, such as investment and industry, pointed a more robust recovery in August.

China's sports industry reached 1.9 trillion yuan (4.1 billion) in value in 2016, according to data released by the State General Administration of Sport and the National Bureau of Statistics. It is estimated that the scale of the Chinese sports industry will likely to reach its goal of 5 trillion yuan (3.9 billion) in 2025.

China's stock market will start trading on Tuesday this week after the New Year's Day holiday.

China's pharmaceutical demand has been booming in recent years due to the rapidly aging society with burgeoning purchasing power. It has become the world's second-largest market for pharmaceuticals, and the biggest emerging market with growth tipped to reach 5 billion to 5 billion by 2022, according to healthcare information company IQVIA.