The Caixin/Markit services purchasing managers index (PMI) dropped to 51.6 in June from 52.8 in May, but remained above the line of 50 that demarcates expansion and contraction.
The China Banking Regulatory Commission also approved the qualification of Li Qingping, chairperson of China CITIC Bank, as chairperson of CITIC aiBank and Li Rudong, former deputy general manager of China CITIC Bank's e-banking department, as president of the new bank. Senior executives of China CITIC Bank took four seats out of six as CITIC aiBank's directors.
The China Securities Regulatory Commission (CSRC) handed out 159 administrative penalties in the first half, up 41 percent year on year, CSRC Vice Chairman Yan Qingmin said at a conference.
The Chinese government opened the Chinese mainland market through the Shanghai-Hong Kong Stock Connect in 2014 and the Shenzhen-Hong Kong Stock Connect last year.
The Chinese innovation is inspiring for many Asia-Pacific economies, according to Zhong Feiteng, a research fellow on Asia-Pacific and global strategy from the Chinese Academy of Social Science (CASS).
The China-Italy intercontinental communication test will be conducted through Micius, the world's first and only operating quantum communication satellite. It allows quantum keys and encrypted messages to be sent and received.
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The California-based toy giant announced on Wednesday that its joint venture with Fosun will aim at launching a network of play clubs which combine preschool educational services and retailing. The joint venture is subject to Chinese regulatory approval.
The Category 5 storm's top sustained winds decreased slightly to 275 kilometers per hour as its westward movement slowed, crawling along Grand Bahama Island early on Monday at 4 km/h in what forecasters said would be a daylong assault. Earlier, Dorian churned over Abaco island with battering winds and surf during Sunday.
The China-Sudan Maternity and Infant Healthcare Hospital in Abu Ushar is the first cooperative project between the Chinese NGO and its Sudanese counterpart in the field of maternal and infant healthcare.
The China Fan Research 2017 report also pointed out that Chinese soccer fans are outdoing their basketball counterparts in terms of sports merchandise purchases.