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China's commercial banks may get more freedom to determine their own deposit and lending interest rates with the expected acceleration of market-oriented interest rate reform promoted by the top financial regulator, according to market analysts.

China's growing sneaker market in cities beyond metros has attracted the attention of other brands too. In May, Sneaker Con, one of the biggest sneaker exhibitions of the world, was held in Shanghai for the first time. Over 20,000 visitors made it to the three-day event.

China's nine-year free compulsory education system covers primary school and junior middle school.

China's emphasis on innovation in recent years has led to more opportunities for global clinical development and research programs to be conducted in the country, something that has benefited its people, says a leading executive at a top German pharmaceutical company.

China's exports increased 10.8 percent to reach 15.33 trillion yuan while imports surged 18.7 percent to 12.46 trillion yuan in 2017.