US oil rig count for week ended Sep 18 due in 10 minutes.

The Ministry of Housing and Urban-Rural Development said it will scale up urban renewal during the 15th Five-Year Plan, innovating mechanisms to activate existing stock. Plans include refurbishing and upgrading ageing neighborhoods, factory sites and old commercial streets, and introducing R&D, cultural-creative and leisure-entertainment industries to promote functional conversion and business-format upgrades.

Hyundai Motor CEO says Chinese competitors' innovation, product improvements and technology are incredible.