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China's automobile industry has recovered to relative normalcy and the trend will remain in the future. It is expected that the growth rate of the fourth quarter will be similar to that of the third, said Cui Dongshu, secretary-general of the China Passenger Car Association.

China will remain committed to common development and prosperity with a posture of openness and inclusiveness in the joint building of the Belt and Road, President Xi Jinping said on Friday.

China's central bank kept interest rates steady instead of following US monetary tightening moves on Thursday, shifting greater focus onto maintaining domestic economic stability and facing downside risk.

China's AI sector will be worth 9.1 billion yuan by 2020 and it will rise by more than 50 percent year-on-year.

China will strengthen State-owned enterprises' mixed ownership reform, private companies' reform and property protection, said China's top economic regulator on Wednesday in Beijing, adding that it will also motivate entrepreneurship spirit and provide a better business environment in order to further promote reform.