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China's automobile sales dropped 11.6 percent year-on-year to 2.39 million in September and the cumulative sales from January to September were 16.18 million with just 0.6 percent increase year-on-year, according to data from China Association of Automobile Manufactures.

China's central bank said on Wednesday that it has renewed a bilateral currency swap facility with Hong Kong and expanded the size to 500 billion yuan ( billion) from 400 billion yuan.

China will punish local governments and enterprises for falsifying or withholding data through lawful means, Ning said.

China's A-share market rallied on Tuesday despite an astonishing overseas sell-off overnight, an indication that A-share assets could remain resilient amid a turbulent global financial market, according to Chinese and foreign analysts.

China's capability, capacity and determination to meet any kind of challenges was proved once again. All concerned organizations from embassy, airline, immigration, health, customs, transport and hotel were working in close coordination and harmony. There was absolutely no panic and emergency like situation and everything was being handled very smoothly in a professional manner.