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China's leading electric car maker BYD Co Ltd announced on Wednesday it will allow international app developers to access data and controls for its vehicles, encouraging them to produce third-party apps for its newly launched online driving ecosystem.

China's embrace of regional competitors in the heart of its main twice-a-year export fair gels with President Xi Jinping's Belt and Road Initiative to tap the wealth and resources of a region spanning more than 40 percent of the world's population. While it will take decades to tell whether Xi's vision pays off, it seems attitudes are already shifting for some.

China's economic fundamentals remain sound and there is no basis for long-term depreciation of the yuan. The RMB exchange rate is sure to gradually reach a new equilibrium after a fluctuation period, the report added.

China's job market remains generally stable due to a stabilizing economy and pro-employment policies despite the economic slowdown, a top human resources official said on Sunday.

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.