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China's first-tier cities have already seen average prices for pet boarding services increase by nearly 50 percent for the Spring Festival season.

China's goods exports rose 6.4 percent year-on-year to 4.81 trillion yuan (about 6 billion) in the January-April period, while imports grew 11.7 percent to 4.3 trillion yuan, resulting in a trade surplus of 506.24 billion yuan, which narrowed by 24.1 percent, data from the General Administration of Customs (GAC) showed.

China's oil demand is expected to increase 4.6 percent year-on-year to 615 million tons in 2018. (Photo 2)

China's civil aviation regulator has temporarily stopped issuing airworthiness certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.

China's college graduates are leaving first-tier cities for second-tier ones, according to the annual College Graduates' Employment Report issued on Monday.