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China's inland pilot free trade zones are deploying more resources to invest in airport extensions and logistics projects to turn themselves into "China's Memphis"－to compete with free trade zones near the coast.

China's leading group-buying and dining information platform Meituan Dianping announced it received a new round of financing valued at billion on Thursday, according to a report by ce.cn.

China's economic growth moderated to 6.2 percent in the second quarter, compared with 6.4 percent in the first three months.

China's monetary authority eased liquidity tensions in the banking system when the innovative capital injection measures took effect on Wednesday, which will not change the regulator's determination in the long-term goal of financial deleveraging in a tightening regulatory environment.

China's consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year-on-year in March, the National Bureau of Statistics said Wednesday.