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China's home-grown auto makers have gained a one-third share of the domestic market, 28 million vehicles in 2016, turning themselves from imitators to initiators in research and development.

China's holding of gold-backed exchange-traded funds also increased by 13.1 tons to 70 tons in the third quarter.

China's logistics prosperity index hit 53.6 percent in April, up 2.1 percentage points from the previous month, and warehousing index registered 50.3 percent, presenting a month-on-month drop of 2.4 percentage points, China Federation of Logistics & Purchasing reported on April 6.

China's exports to the US rose by 7.5 percent year-on-year to 248.35 billion yuan, while its imports soared 20.5 percent to 103.59 billion yuan, leading to a 144.76 billion yuan trade surplus with the US, down by 0.2 percent year-on-year.

China's new round of reform and opening-up will encourage global companies from the high-end manufacturing sector to further transform traditional industries with smart manufacturing in the country, said business executives.