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China's e-commerce market size was the biggest in the world, according to the E-Commerce in China 2019 report released recently by the Ministry of Commerce, the People's Daily overseas edition reported on Thursday.

China's foreign exchange reserves rose slightly in October, capping nine consecutive months of increases, thanks to effective capital flow management and improving economic fundamentals, analysts said.

China's grain output is expected to reach over 650 billion kg for a fifth straight year in 2019, sustaining 16 consecutive years of a bumper harvest.

China's insurance market is promising growth and foreign investors are upbeat on the market, said Wang Xiangnan, secretary-general of Research Center for Insurance and Economic Development under Chinese Academy of Social Sciences.

China's newly revised Budget Law stipulates that local government can issue bonds－general bonds and special bonds－through a national quota-based mechanism, but more detailed management should be improved.