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China's technology titans are waging war on yet another front: automobiles.

China's restaurant market is recovering, but business owners are still under pressure. According to a report issued by the China Hospitality Association, nearly 80 percent of the restaurants have returned to business in March, and the percentage of dine-in services has risen sharply.

China's television industry is expected to rebound this year after witnessing a downturn in 2017, with sales ascending to 48.98 million units, up 3.1 percent year-on-year, an industry report said.

China's purchasing managers index for the manufacturing sector edged down to 51 this month but remained well within expansionary territory, indicating a steady recovery of the sector, the National Bureau of Statistics said on Monday.

Chinese RMB-denominated government and policy bank securities will be added to the Bloomberg Barclays Global Aggregate Index starting in April, phasing in over a 20-month period.