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The Chinese central bank has boosted the daily trading quota by four times under the Stock Connect programs between Hong Kong and the mainland stock exchanges in Shanghai and Shenzhen.

The Chinese banking sector's external liabilities reached .34 trillion by the end of June, up 2.29 percent year-on-year, according to the country's foreign exchange regulator on Thursday.

The Chinese authorities will also establish and refine mechanisms for adjusting the annually released list when necessary, she said, adding that the list will better cope with the reforms to delegate power, streamline administration and optimize government services, and will better meet the needs of market entities for broader access.

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The Central Commission for Discipline Inspection issued a statement on its website on Tuesday saying that Qu - who was the disciplinary chief of the State Ethnic Affairs Commission of China - had seriously violated the Party's code of conduct. The case has been filed for investigation.

The Chinese Porcelain Art Exhibition in Tunis, with the theme of "Chinese Porcelain, Chinese dream," mainly displays the porcelain culture of Jingdezhen, a town famous for porcelain art in the southeastern province of Jiangxi.

The Chinese economy may face a harsher situation this year and growth may edge down, said a research note by Ruida Futures. "But as the effect of the country's countercyclical supportive policies gradually becomes apparent, the situation may improve in the second half of this year."

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The Changjiang Water Resources Commission issued a red alert for floods in the Poyang Lake area on July 10, and a day later Jiangxi province raised its flood-control response from Level II to Level I, the top level of China's four-tier emergency response for floods.

The Chinese and US governments have stepped up efforts to fix the problem beginning in 2012. Chinese regulators began to allow representatives of US regulators to observe their inspections of related Chinese auditing firms, and the two parties signed a memorandum of understanding in 2013.

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The China (Fujian) Free Trade Pilot Zone. [Photo provided to chinadaily.com.cn]

The Chinese mainland will further lower its market access threshold for Hong Kong enterprises and professionals, with an agreement to amend the existing Closer Economic Partnership Arrangement on trade in services being signed on Thursday.