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China's online house-sharing industry has entered an explosive period. This year, the transaction scale of China's online short-term rental market is expected to reach 12.52 billion yuan (.89 billion), up 42.6 percent compared with 8.78 billion yuan last year.

China's consumer price index, a main gauge of inflation, rose 2.1 percent year-on-year in July, faster than the 1.9-percent rate recorded in June, according to the National Bureau of Statistics.

China's drone market is expected to grow annually by 40 percent to have an output value of 60 billion yuan by 2020, according to the Ministry of Industry and Information Technology. The industry will have an output value of 180 billion yuan by 2025.

China's job market remained generally stable, with the surveyed urban unemployment rate dropping 0.1 percentage points to 5.1 percent last month.

China's first private and digital-only bank, WeBank, is looking to expand into Australia where the banking sector is dominated by the "big four" banking groups.