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China's annual business volume of express deliveries exceeded 63.52 billion items, increasing 25.3 percent compared with the previous year. Total revenue of delivery enterprises hit 749.78 billion yuan (8.85 billion) in 2019, showing a rapid growth of 24.2 percent.

China will make more targeted efforts to boost the financial sector's support for the real economy and ease financing woes for small companies, a State Council executive meeting chaired by Premier Li Keqiang decided on Friday.

China's GDP expanded 6.2 percent year-on-year in the first three quarters of this year, data from the National Bureau of Statistics showed. The growth, in line with the government's annual target of 6-6.5 percent set for 2019, still outpaces other major economies including the United States, Japan, Germany and India.

China would like to enhance communication and cooperation with all sides, including the ROK, to push for improvement of the situation, Xi said.

China's automobile market, which was hard-hit by the COVID-19 epidemic, started to recover in April, thanks to unleashed pent-up demand and encouraging policies, according to the China Association of Automobile Manufacturers.