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China's domestic air travel market is steadily picking up. Last month, the number of passengers who took flights reached 98 percent of the level recorded at the same time last year, and the number of available domestic flights surpassed that in the year-earlier period, according to the Civil Aviation Administration of China.

China's largest online travel agency Ctrip said it has received an unusually large number of enquiries for its South Pole tours this year and estimates that more than 1,000 Chinese tourists would be staying at the South Pole during the upcoming Spring Festival holidays in February 2018.

China's major stock indices ended lower Monday, with the benchmark Shanghai Composite Index down 3.72 percent to finish at 2,716.51 points. The Shenzhen Component Index lost 4.05 percent to end at 8,060.83 points.

China's fixed-asset investment in railways reached 141 billion yuan (.1 billion) in the first four months, marking an 8.6 percent decrease year-on-year, according to the National Railway Administration.

China's efforts to embrace an era of innovation-led growth have prompted global companies to become more flexible and adept with their new business requirements and approach to remain competitive in the country.