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China's lower-tier cities are becoming "bigger, richer, and more eager to spend" and such consumption could triple to .9 trillion by 2030, according to a report from Morgan Stanley.

China's financial support of the economy experienced an overall rebound in September, indicated by the boost of yuan-denominated bank loans and bond issuance, according to the central bank.

China's major oil and gas giants expect their net profits and net incomes to surge for the first half of this year, benefiting from the revival in crude oil prices, but analysts believe high earnings growth will be hard to maintain in the second half as oil prices are unlikely to rise much above current levels.

China's foreign exchange reserves rose for the second consecutive month in December to .07 trillion, generally maintaining stability amid increased fluctuations in global financial markets, according to data issued by the country's foreign exchange regulator on Monday.

China's first breast milk bank — based in Guangzhou — has helped cure 365 seriously ill babies in the past five years.