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As the world's second-largest movie market, China's nearly 70,000 screens earned a stunning box office total of 64.3 billion yuan (.23 billion), rising 5.4 percent from the 61 billion yuan recorded last year, according to latest figures from China Film Administration, the country's top sector regulator.

As the government plan to channel more funds into infrastructure construction and cut taxes and fees for the corporate sector gradually takes effect, the PPI may continue to rise in the first half of this year, said Guotai Junan Securities in a note.

As structural deleveraging is mainly directed against the current imbalance in China's economic development, Kang said leverage should be moderately increased in infrastructure investments on areas such as roads, railways and sewer systems and further reduced in industries of overcapacity and low efficiency.

As waves of anti-extradition-bill protests crested with a citywide strike that brought transportation chaos and gridlock to Hong Kong on Monday, the city's top financial official warned the local economy faces the gloomy prospect of a "technical recession".

As temperatures rise in North China, bright colors appear on the surface of the Salt Lake in Yuncheng, Shanxi province, for a unique summer scene.