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Noting Xi announced a set of new initiatives and measures at this year's General Assembly, Wang said these initiatives are part of China's proactive efforts to advance global peace and development. They are also the solid actions taken by China to support multilateralism.

China will hold high the banner of peace, development, cooperation, and mutual benefit, and strive to create a favorable external environment and promote the building of a new type of international relations and a community with a shared future for humanity, it adds

The island's imports from the mainland and Hong Kong in the first nine months of this year increased by 7.9 percent year on year to 46.14 billion U.S. dollars.

Citic Securities attributed the 0.1-point pullback in October manufacturing PMI to holiday factors, as factories closed for the National Day and Mid-Autumn Festival break from Oct 1 to 8, which however boosted the service sector.

Sergey Lukonin, head of the Sector of Economy and Politics of China at the Institute of World Economy and International Relations of the Russian Academy of Sciences, said that China is committed to a just world order and seeking a more equitable distribution of opportunities.