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China's foreign trade continued to pick up in November with notable growth and improved structure, official data showed Monday. The country's foreign trade expanded 7.8 percent year-on-year last month, with exports jumping 14.9 percent year-on-year in Chinese yuan terms. Imports dipped 0.8 percent from a year ago, the General Administration of Customs said.

China's economic recovery has gathered momentum since the second quarter of this year with a significant rebound seen in product orders and loan demand, a central bank survey said on Friday.

China's cultural industry had grown at an average pace of over 13 percent annually in the past five years. It is expected to become one of the major pillars supporting economic growth by 2020.

China's national weather observatory issued a blue alert on Sunday, the lowest in a four-tier weather warning system, for rainstorms in the central and eastern parts of the country in coming days, after recent floods in Guangdong province brought direct economic losses of 39 million yuan (.7 million).

China's largest bank by capitalization ICBC raked in net profit of 76 billion yuan (.03 billion) in the Jan-March period, up 1.5 percent year on year.