A crew member is saved after a container ship sank in the Yangtze River on Sunday. (Photo: CCTV News)

At least three people died and eight others were rescued on Monday after a boat sank in the Yangtze River, according to Shanghai's maritime safety administration.

Five people are still missing.

The boat sank with 16 people onboard after it collided with another boat on Sunday night. Rescue efforts are underway.