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China will equalize foreign investors' equity shares in listed and unlisted securities companies, according to the rules, which also set qualification requirements for overseas shareholders.

China will further open up its banking sector to foreign investments. It will ease restrictions on foreign banks so they can have easier access to the local market and start business operations in the country, according to the China Banking Regulatory Commission.

China's automobile imports tumbled 87.1 percent to 15,000 units in June, according to statistics from the China Automobile Dealers Association. The country imported 452,000 automobiles through June, dropping 22.1 percent on a yearly basis.

China's CPI rose 1.5 percent year-on-year in January, down from December's 1.8 percent, and well within the government target of around 3 percent.

China's booming livestream community is not the sole provenance of young people. An old couple in Wuhan, Central China's Hubei province, have recently become rising internet stars.