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China's cross-border e-commerce sector has grown exponentially as the country's middle-and high-income shoppers demand increasingly diversified and personalized products and services. Market consultancy iiMedia Research said market size of the country's cross-border online shopping is expected to reach 10.3 trillion yuan this year.

China's major real estate developers are racing to open more rental apartments in the Guangdong-Hong Kong-Macao Greater Bay Area, but industry insiders warned of oversupply.

China's foreign trade volume registered hefty growth of 9.4 percent year-on-year to 6.75 trillion yuan (.07 trillion) in the first quarter of the year, buoyed by the steady recovery of the global economy and solid domestic demand, a customs spokesman said on Friday.

China's financial regulatory body is planning to require "too big to fail" conglomerates to replenish capital and meet new regulatory requirements, a measure to prevent cross-market risk contagion and continually reduce the corporate debt level.

China's explosive e-commerce market and increasing labor costs are forcing logistics service providers to look for alternative approaches, said Charlie Dai, principal analyst at consultancy Forrester.