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China's growth of industrial output, investment and retail sales fell slightly in July, according to the National Bureau of Statistics on Monday.

China's first artificial intelligence (AI) chip unicorn Cambricon is now valued at .5 billion after its B-round financing, the highest valuation among global smart chip startups, reports thepaper.cn.

China's local governments are also working to attract private capital into cash-strapped strategic emerging industries, which have found it difficult to get bank loans as many start-ups are yet to turn patents and intellectual property into profits.

China's online retail sales reached 7.18 trillion yuan in 2017, up 32.2 percent year on year, a report from the Ministry of Commerce showed.

China's civil aviation regulator has temporarily stopped issuing airworthiness certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.