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China's producer price index (PPI), which measures costs for goods at the factory gate, rose 5.5 percent year on year in July, according to the NBS.
China’s central bank, the People’s Bank of China, has confirmed it has received an application from Experian, the British provider of consumer and business credit reporting, which wants to offer corporate credit information within China.

China-based online payment platforms extended their business beyond the border. Alipay and WeChat pay, two leading ones, have been used in more than 40 foreign countries and regions respectively, while some Chinese firms launched local mobile wallets in nine Asian countries and regions.
China’s first carrier rocket designed and built by a private enterprise was launched on Thursday morning from a test base in northwestern China.
China's pursuit of high-quality development, which is expected to be discussed at this year's Central Economic Work Conference, means the country will shift toward a more sustainable and intensive way of expansion that will contribute to global prosperity, analysts said.
来源:资阳报