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China's cybersecurity industry is set to surpass 60 billion yuan (.5 billion) this year, amid concerted efforts to foster more competitive cybersecurity companies, the nation's top industry regulator said on Monday.

China's consumer price index, a major gauge of inflation, rose 2.1 percent from a year earlier in July, beating expectations of 1.9 percent and stayed well within the government's comfort range of below 3 percent, according to the National Bureau of Statistics data on Thursday.

China's civil aviation regulator has temporarily stopped issuing airworthiness certificates for Boeing 737 Max 8s because of safety concerns, a move an expert said will bring huge economic losses to Boeing.

China's economic development helped its imported wine market to grow.

China's four major power generation groups have asked the National Development and Reform Commission, the country's top economic regulator, to increase coal supplies and regulate, reduce coal prices after snowstorms sweeping across central and southern provinces led to major losses for the thermal power sector.