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China's manufacturing sector saw its strongest expansion in more than nine years in August as production and market demand firmed up in the aftermath of the COVID-19 epidemic, a private survey said on Tuesday.

China's foreign exchange regulator will likely focus on keeping the country's currency stable this year while allowing greater flexibility in the exchange rate, economists said on Monday, with some believing there may still be potential for the yuan's further appreciation against the US dollar.

China's debt to GDP ratio grew at a slower pace in 2016 compared with the previous year, a government think tank report showed on Tuesday.

China's monetary authority will undertake the task to ensure sufficient lending and maintain adequate liquidity, supporting the economy to bottom out this year, investors expected.

China's imports and exports from cross-border e-commerce were worth 134 billion yuan (.5 billion) last year, up 50 percent year-on-year, according to the General Administration of Customs.