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In the first half of this year, China's economy continued its steady expansion with its gross domestic product (GDP) up 6.9 percent year-on-year, well above economists' estimates, data from the National Bureau of Statistics showed in July.

In the first half of the year, the city's travel revenue hit 10.9 billion yuan (.58 billion), up 25.4 percent year-on-year, the bureau said.

In the first week after the services were offered, about 75 percent of passengers on its domestic routes opted to select their seats via digital devices, said China Southern.

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In the Jan-Oct period, combined new profit in the sectors of coal mining and washing, ferrous metal smelting and rolling, chemical raw materials and chemical products manufacturing, as well as oil and natural gas exploitation accounted for 51.2 percent of the total profit increase.

In the United States, in 1975, the deregulation of fixed minimum commission at stock exchanges boosted the development of online discount brokers. In 1986, liberalization of interest rates gave a boost to internet banks and the Jumpstart Our Business Startups Act, which was passed in January 2012, also boosted equity crowd-funding.

In the World Bank's classification, a country can be seen as a high-income one (similar to developed country) if it had a per capita gross national income of more than ,000 thirty years ago, equivalent to about ,235 today. China's per capita GNI was ,732 in 2018, according to the official data.

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In the Tesla incident last month, which involved a car that any consumer can buy, a Model X vehicle was in semi-autonomous Autopilot mode when it crashed, killing its driver. The driver had received earlier warnings to put his hands on the wheel, Tesla said.

In the first four months, total retail sales of consumer goods rose 10.2 percent year on year, 0.2 percentage points faster than the growth in the first quarter, according to Xing Zhihong, a spokesperson with the NBS.

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In the United States, meanwhile, the House of Representatives passed three bills related to Hong Kong on Tuesday.

In the first four months, combined profits at industrial companies each with annual revenue of more than 20 million yuan (about .2 million) amounted to 2.13 trillion yuan, the NBS said.