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China will further simplify the process to set up foreign-invested enterprises to promote its high-standard of liberalization and facilitation of trade and investment, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday.

China's Ministry of Commerce said in August that China will pilot the digital renminbi in select regions across the country, including the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area and some eligible locations in midwestern China.

China's EV startup, Nanjing-headquartered Byton, will return with more of its electric-concept cars that it debuted last year.

China will launch a new trading platform in Shanghai for high-tech and innovative companies and experiment with a registration-based system for initial public offerings (IPOs), as part of the ongoing efforts to further reform and open up the nation's financial market.

China would like to enhance cooperation with Nepal in such areas as infrastructure, post-earthquake reconstruction and trade and investment under the Belt and Road framework, President Xi Jinping said on Wednesday.