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During the first six months of the year, the number of A-share IPOs stood at 118, with the amount of fundraising totaling 139.3 billion yuan, surging 84 percent and 131 percent, respectively, from the same period last year, according to global auditing firm PwC.

During the first nine months, total car sales and output declined by 10.3 percent and 11.4 percent year-on-year to 18.37 million and 18.15 million units, respectively, the association said. Meanwhile, the country saw a total of 872,000 new energy vehicles sold in the first nine months, up 20.8 percent year-on-year, while production surged 20.9 percent to 888,000 units.

During the first CIIE, a concept biofuel vehicle called Biofore from Finland stole the limelight as it became the expo's first exhibit to reach Shanghai. It was presented in the Finnish national pavilion, which was designed to demonstrate the country's strength in various industries such as forest industry, clean technology, shipping and clean energy.

During the 2018 IMF/World Bank annual spring meeting that ended Sunday, the message is that China has lifted hundreds of millions of people out of poverty in past decades and has contributed to a third of global economic growth in the past decade, more than any other country.

During the first three months of this year, industrial output of the information transmission, software and information technology segment rose by 13.2 percent on a yearly basis. Total telecommunication revenue soared 1.8 percent on a yearly basis.