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Chinese bike-sharing startup Mobike Technology Co Ltd is adding electric bicycles to its fleet, and has announced plans to refund all of its local users' deposits, amid intense competition with rivals such as Ofo Inc.

Chinese cargo throughput at ports reached about 6.7 billion tons in the first six months, up by 4.5 percent compared with the same period of 2018, said a report released on the website of the National Development and Reform Commission.

Chinese economic growth will be sustained by a robust service sector while overall economic momentum is expected to ease back, said a recent report by investment advisory firm MRB Partners.

Chinese authorities handed out penalties totaling more than 9.1 billion yuan (.32 billion) to Changchun Changsheng Life Sciences Limited for the illegal production of a human rabies vaccine in October.

Chinese buyers alone have taken the lion's share with 10 percent, a significant increase compared to the much thinner 4 percent in 2016, which again shows the continued growth of purchasing power in Asia, said the report.