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China will not introduce financial products such as carbon futures in the early stage as some other countries did because speculative behavior will do more harm than good in encouraging actual carbon reduction, according to Jiang.

China's biggest online marketplace for long-haul deliveries is in advanced negotiations with new and existing backers, including SoftBank Group Corp and Tencent Holdings Ltd, on a funding round that could hike its valuation by as much as 40 percent to billion, the people said, requesting not to be named discussing private deals.

China's LNG consumption jumped 47 percent from 25.7 million metric tons in 2016 to 37.8 million tons in 2017, surpassing South Korea as the world's second largest LNG importer, and becoming the largest contributor of global consumption growth.

China's broad money supply, or M2, increased 8.3 percent year-on-year in September, accelerating from 8.2 percent in August, according to a central bank report.

China's bolstering of defenses on the Nansha Islands in the South China Sea will ensure regional peace and security and does not target any country, the Ministry of National Defense said on Tuesday.