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China's first officially authorized data-asset assessment center was launched Saturday in Hohhot, capital of the Inner Mongolia autonomous region, as the local government scrambles to develop big data industries to spur innovative economic growth.

China's outbound direct investment in economies involved in the BRI rose 12 percent year-on-year to .6 billion between January and August this year, according to data from the Beijing-based China Council for the Promotion of International Trade. These countries accounted for 12 percent of China's ODI in 2017.

China's first domestically designed aircraft carrier completed its debut sea trial on Friday and returned to the Dalian Shipbuilding Industry's shipyard in Liaoning province at noon.

China's consumer prices will rise at a slower pace over the rest of the year as the country has largely curbed the spread of the novel coronavirus disease (COVID-19) and business activities have steadily returned to normal, according to the National Development and Reform Commission.

China's economy expanded 6.8 percent year-on-year in the first half of 2018, well above the government's annual growth target of around 6.5 percent.