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China's large fiscal and foreign exchange reserves and the government's measures to stem financial risks have been crucial to maintaining the stable sovereign rating, according to Moody's.

China's economy is operating within a reasonable range, maintaining stable, coordinated and sustainable development, said NBS spokesperson Xing Zhihong, "laying a solid foundation for achieving the annual target."

China's official purchasing managers' index (PMI) for the manufacturing sector rose to a four-month high in July, indicating that the sector accelerated recovery from the COVID-19 epidemic.

China's internet of things (IoT) market was worth more than 1.19 trillion yuan (4 billion) last year, according to a report released on Sept 13 by China Economic Information Service.

China's health service provider Health 100 launched a program in Beijing on Friday to promote diabetes prevention and control awareness, as a follow-up event to its long-term commitment to the cause.