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China's rail freight transport volume, an indicator of broad economic activity, reached 2 billion tons in the first seven months of this year, rising 4.3 percent year-on-year, a sign that it is recovering from the shock of the COVID-19 epidemic.

China's securities regulator has refused 46 A-share initial public offering applications this year, exceeding the total amount for the previous four years, a move to promote the reform of the registration-based IPO system and guarantee steady development of the stock market.

China's service trade posted a deficit of 9.5 billion, up from 7.3 billion in H1. The spending on trips, transport and intellectual property rights contributed to the bulk of the deficit.

China's real estate sector remains the stabilizer of China's economy, and digital techniques will play a critical role in the new round of development driven by consumption, a senior expert said.

China's power bank rental service provider Laidian Technology Co Ltd looks to steadily expand overseas businesses in the coming year, amid increasingly intense competition at home.