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Among 28 provinces, municipalities and autonomous regions that have implemented high temperature subsidies, nine of them -- including Zhejiang, Shanghai, Anhui, Jiangxi, Tianjin and Hebei -- have raised their standards for high-temperature subsidies this summer, Beijing News reported.

Amid China's campaign to push forward the development of the home rental market in large and medium cities to address rising demand, more and more young people are choosing to rent through new mobile platforms for housing rental.

Among the 150-plus employees in the factory, more than 20, including Wang, commute between their homes in Beijing and the company every day.

American will cut its management and administrative staff by 30 percent. The reduction amounts to more than 5,000 of American's roughly 17,000 management and support workers.

Among international retailers, Walmart and Carrefour have begun to see market share recovery on a quarterly basis though they are still closing non-performing stores; they are proactively reformatting their existing stores to be more competitive and appealing to shoppers, according to Kantar Worldpanel China.