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Chinese arrivals, which were booming in early 2018, were stunted by a deadly ferry sinking in July 2018 which killed 47 Chinese tourists.

Chinese e-commerce giant JD said its orders from third-tier cities and below surged 60 percent year-on-year during this year's Singles Day shopping spree from Nov 1 to Nov 11, and more than 70 percent of new users placing orders on JD came from lower-tier cities.

Chinese lawmakers will work on the legislation of taxation including farmland occupation tax, vehicle purchase tax and resource tax this year, Zhang Yesui, spokesman for the first session of the 13th National People's Congress (NPC), said at a press conference.

Chinese online education startup Huohua announced on Monday that it has raised million in its latest round of fundraising, which industry insiders said is the largest round of financing in the math education-focused sector.

Chinese police investigated Shanxinhui earlier for alleged pyramid-style selling that cheated people out of huge amounts of money in the guise of helping the poor. Several key members were detained on charges of making illegal profits of more than 2.2 billion yuan (4 million).