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China's Ministry of Commerce said Thursday that the two sides will resume senior-level trade talks in Washington DC in October, raising hopes of an end to the tit-for-tat trade war that continues to unnerve the global economy. The US stock market rallied Thursday in response.

China will make enhanced efforts to "significantly improve" its charging technologies and facilities within three years, in a further move to optimize charging infrastructure to give the new energy vehicle sector a new boost.

China will move faster to boost innovation in its national economic and technological development zones in terms of openness, technology and institution building to cultivate new pacesetters in the country's reform and opening-up, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.

China's 25 leading excavator makers sold 27,331 excavators last month, surging 60.5 percent year on year, according to the China Construction Machinery Association.

China will fine-tune its coordination mechanisms to maintain stability in the six key areas－employment, finance, foreign trade, foreign investment, domestic investment, and market expectations－to more effectively manage the impact of the virus outbreak and promote sound economic and social development.