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China would like to make joint efforts with Russia to strengthen high-level trust and expand cooperation in all areas to pass on the China-Russia friendship to more generations, President Xi Jinping said on Friday.

China's State economic regulator's regulation has stabilized the soaring price and quelled speculation, he said.

China's automobile sales dropped 11.6 percent year-on-year to 2.39 million in September and the cumulative sales from January to September were 16.18 million with just 0.6 percent increase year-on-year, according to data from China Association of Automobile Manufactures.

China will push high-quality economic growth this year and will have greater tolerance for slower growth rate, members of the country's top political advisory body said on Thursday.

China's central bank will continue to keep liquidity at a reasonably ample level, to make the monetary policy more flexible and further lower the real lending rates for companies. The benchmark deposit rate, which has been unchanged since 2015, could be adjusted "at an appropriate time" depending on the conditions of economic growth, PBOC Vice-Governor Liu Guo?qiang said while answering media questions on Saturday.