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China's gaming industry has also seen revenue growth of 5.3 percent year-on-year in 2018, the slowest level in a decade.

China's coal and power industries are expected to see more mergers in the second half of the year, due to State-owned enterprise reform policies, industry insiders believe.

China's imports of goods grew 11.5 percent in the January-June period, compared with 4.6 percent growth for exports, according to the General Administration of Customs.

China's major stock indexes ended higher in the morning session Tuesday, with the benchmark Shanghai Composite Index ending 0.21 percent higher at 2,752.44 points. The Shenzhen Component Index gained 1.74 percent to end at 9,949.95 at midday.

China's leading steel producers vowed on Saturday in Beijing to raise energy efficiency and cut emissions through technology in a bid to battle pollution.