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China's largest battery manufacturer CATL recently announced cooperation with Baicheng New Energy to establish a joint venture to make inroads into the growing market for charging poles across the country.

China's cruise industry has witnessed a golden decade with annual growth rates of above 30 percent, and has the potential to create an annual cruise market of over 14 million passenger trips by 2035, according to guidelines jointly published by 10 ministries and government agencies including the Ministry of Transport.

China's consumption upgrade is continuing, the ministry said, adding that some emerging consumption such as internet consumption, customized consumption, experience consumption and smart consumption were the highlights during the holiday.

China's national and global think tanks will co-host the third round of an influential international forum on the "new economy" in mid-November to figure out innovative methods in supporting economic recovery amid COVID-19 shocks and strengthen global coordination.

China's domestic oil output rose 2.4 percent year-on-year to 48.57 million tons from January to March, while sales of refined oil products went down more than 20 percent from a year earlier, official data showed.