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China's entertainment sector, which was on a roll last year, seems to have run into a rough patch judging by the lower-than-expected profit of top companies in the first half of this year.

China's civil aviation watchdog is stepping up efforts to keep airlines on schedule amid a midsummer travel peak that coincides with frequent extreme weather, including storms and heavy rain.

China's new yuan loans rose to more than 12 trillion yuan (.71 trillion) during the first six months of this year, as a result of the PBOC's monetary easing measures. The amount was also about 60 percent of the annual new yuan loan target of 20 trillion yuan announced by PBOC Governor Yi Gang in June.

China's investment in India's consumer goods industry includes the production of automobiles, air conditioners, refrigerators and mobile phones. If Chinese investment can boost India's manufacturing, transfer some technologies, and help reduce local unemployment rates, Indian restrictions may not have a substantial impact on Chinese investment.

China's liquor brand Kweichow Moutai gave up "Guojiu", or State-level liquor, in its trademark, and took down the sign of "Guojiu" from the gate of its plant last Saturday, news website Zaker reported on Sunday.