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China imported 165,000 vehicles and chassis in July, surging 266.7 percent from June and up 50 percent year on year.

China has stood in the forefront of the world's retail industry, according to Shih. He revealed that in the future, Walmart will focus on new technologies, new businesses and new cooperation relations when expanding business in China. Today, the retailer has realized the integrated development of online and offline businesses in collaboration with Chinese technology giants JD.com and Tencent.

China is taking more steps to open up its economy to foreign investors, as it aims to further facilitate investment and spur growth despite disruptions from the COVID-19 pandemic and mounting international uncertainties, officials and experts said on Tuesday.

China is encouraging the development of big data, with the country's first big data engineering laboratory launched in Guizhou province last week to help improve government management efficiency. Guizhou is the country's first pilot zone for big data. The technology is being widely applied in government management, business and daily life.

China has the world's largest mobile internet community with about 753 million mobile internet users at the end of 2017, official data showed.