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China's 5G smartphone shipments quadrupled in October as 5G handsets are expected to drive the whole electronics industry amid expectations of large-scale shipments in the country next year.

China's State Administration of Cultural Heritage said in a statement that it is looking into the auction, adding that it opposes the sale and purchase of stolen cultural relics.

China's GDP growth reached 6.8 percent year-on-year in the first half of this year, beating general market expectations, according to official data released on Monday.

China will pay close attention to the impact caused by US tariffs and help both domestic and foreign companies overcome difficulties. China has the confidence, ability and solutions to maintain steady economic growth, said Gao Feng, a spokesman for the ministry.  

China's People's Daily reported on Thursday that the drug Remdesivir is "officially" in the clinical trial stage on novel coronavirus patients, in Wuhan's Jinyintan hospital. Reports indicate that the trial will include 453 critically ill patients and 308 with less severe symptoms.