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China's foreign trade expanded 4.6 percent year on year in October, with exports jumping 7.6 percent year on year and imports climbing 0.9 percent in yuan terms, China's General Administration of Customs (GAC) said in a statement.

China's largest carmaker SAIC Motor is to offer 10 fuel cell vehicles in five years, aiming to secure a 10 percent share of the country's burgeoning segment by 2025.

China's largest telecom service provider China Mobile, United States chipmaker Qualcomm Asia Pacific Pte Ltd, Grantwell Fund LP, CICFH Entertainment, HNA Technology Co Ltd and CMC Concord subscribed for 46.16 million shares, 46.17 million shares, 14.54 million shares, 88.24 million shares, 13.85 million shares and 12.94 million shares respectively, the report said.

China's economy is expected to maintain stable growth this year, analysts said, as a raft of favorable policies targeting infrastructure, trade and consumption are gradually taking effect.

China's digitization drive will be made easier, with more investment into internet sectors, stimulating data consumption and improving national competitiveness.