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China's online retail industry has experienced a tremendous growth in recent years. The online penetration rate of the retail market increased from 10.3 percent in 2015 to 17.0 percent in 2017, and is expected to further increase to 24.4 percent in 2022, the company said in its prospectus, citing statistics from China Internet Network Information Center.

China's foreign exchange reserves, the largest in the world, expanded to .1646 trillion in August, the fifth consecutive month of growth, as strong economic resilience and high-level opening-up measures bolstered momentum, experts said.

China's digital service export bases should be established on the basis of innovative development pilot areas and national service outsourcing demonstration cities, according to a guidance on accelerating transformation and upgrade of service outsourcing.

China's new development strategies outlined by General Secretary Xi Jinping at the 19th National Congress of the Communist Party of China can offer lessons for governments of other countries, according to foreign civil servants studying in China.

China's eight internet giants invested more than 350 billion yuan in 419 firms by Dec 26. [Photo/VCG]