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China's new energy vehicle market recorded another year of rapid growth in 2017 as the government continued its strong push for green transport. New energy vehicles refer to vehicles powered by non-traditional fuel, for example, electric and hybrid vehicles.

China's digital economy reached 31.3 trillion yuan (about .6 trillion) in 2018, accounting for 34.8 percent of the country's total GDP.

China's homegrown and leading cosmetics group, Shanghai Jahwa United Co Ltd, posted a quarterly growth rate that is almost twice the industry average, according to the company's statement released on Wednesday.

China's indigenous chip sector is working hard to boost its capacity. Last year, the nation's semiconductor industry recorded 653.2 billion yuan (.3 billion) in sales revenue, up 20.7 percent from a year earlier and faster than the global average, data from the Ministry of Industry and Information Technology show.

China's imports jumped 21.5 percent year-on-year to 10.11 trillion yuan (.52 trillion) from January through October this year－as domestic demand for bulk commodities, mechanical and electrical products notably surged, the General Administration of Customs announced on Wednesday.