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China's service trade totaled 2.23 trillion yuan (5.2 billion) during the January-June period, down 14.7 percent year-on-year, data from the Ministry of Commerce showed. The country's service exports outperformed imports in recent months, with the service trade deficit narrowing 46.1 percent from the same period last year to 401.7 billion yuan in H1.

Chinese Ambassador to the US Cui Tiankai urged the US to make the "right choice at the crossroads of history" for Sino-American relations during a speech at the 2018 Penn Wharton China Summit on Sunday.

China's purchasing managers index (PMI) for manufacturing rose 0.3 percent from a month earlier, and stood at 50.9 percent, the fourth straight month above the expansion line, according to the National Bureau of Statistics on Tuesday, Yicai reported.

China’s total life insurance premiums are estimated to have increased by 22.5 percent in real terms in 2017. The strong growth was driven by increasing penetration of health insurance, rising demand for protection-typed life insurance, and expanding sales through new distribution channels including the internet.

China's pig farming industry is undergoing a second crisis in a decade, this time caused by African swine fever. The potential pork shortage is changing the layout of China's pig industry and dining tables all over the world.