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As regulators grapple to keep a lid on soaring housing prices in big cities, some people sign up for the debt treadmill and others decide to just get on with life. Yang Yang reports.

As the first flagship store the telecommunication technology giant opened this year, it puts goods in the scenes they are made for. There are five settings — office, home, gym, traffic and entertainment — to immerse consumers so that they can better experience the products.

As the growth recovery is still ongoing and the supportive policy stance is warranted, experts said that China's monetary policy seems to be shifting to targeted support from broad easing, and the same may be more effective in mitigating the credit strains of small and medium-sized enterprises.

As temperatures keep rising, passengers often complain about unpleasant smell of sweat in the crowded cars, which even the cooling system can not remove, according to Liu.

As risks will continue to accumulate and new types of risk have started to emerge, Guo You, China Construction Bank's chairman of the board of supervisors, said on Thursday: "We look forward to using our new IT system, which was launched earlier this year and reintegrated our management and service models, to improve the risk management ability by digging into big data."