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China's decision to lower tariffs on a broad range of imported goods, including frozen pork and high-tech products, will satisfy domestic consumption and reduce production costs next year, experts said.

China's leading automaker FAW Group said Wednesday that it sold 12,630 cars under its iconic sedan brand Hongqi in January, posting a 142.7-percent year-on-year growth. [Photo/Sipa]

China's e-commerce giant Alibaba will invest .1 billion in Indonesia's largest online marketplace Tokopedia.

China's economic recovery continued at a solid pace in April and May, indicated by the strong industrial output and investment growth. The government has launched a strong policy stimulus to mitigate the economic damage of COVID-19, through measures such as increasing the fiscal deficit and boosting the issuance of government bonds.

China's imports jumped 21.5 percent year-on-year to 10.11 trillion yuan (.52 trillion) from January through October this year－as domestic demand for bulk commodities, mechanical and electrical products notably surged, the General Administration of Customs announced on Wednesday.