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China's Ministry of Commerce said in a statement on Sunday that "the Chinese side has received information that the US side hopes to come to Beijing to discuss economic and trade issues. China welcomes this".

China's Ministry of Commerce issued a warning the following day and also announced a plan for reciprocal tariffs on imported US products worth about billion, targeting 128 categories of US products including pork, wine and seamless steel tubes.

China's average per capita consumption expenditure stood at 9,718 yuan in the first six months, down 5.9 percent year-on-year, according to the National Bureau of Statistics.

China will foster closer partnerships between top-tier hospitals and grassroots medical services, and accelerate the building of a cascaded medical system and introduce demand-oriented and contract-based family doctors.

China's central bank has suspended open market operations for 15 trading days in a row, citing abundant liquidity in the financial system. [Photo/IC]