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China's stock market rose for the third consecutive day on Friday, appearing to be unaffected by the sharp market volatility in the United States amid investor fears about a global recession and uncertainties over Sino-US trade tension.

China's top insurance regulator is considering revising the rules for the country's insurance security fund, which will allow the fund to provide necessary liquidity support to insurers in case of crisis.

China’s social networking company Tencent Holdings Ltd launched its Intelligent Medical Information Platform on Thursday, as the company steps up efforts to further benefit the public in the healthcare sector.

China-US bilateral investment treaty negotiations were launched in 2008 and the countries have completed 34 rounds of talks. They have made notable progress, including cutting the number of industries on the negative list and creating the momentum and public support to ensure investors' interest on both sides. A negative list includes industries where foreign investors are barred, while all other areas are presumed to be open.

China's steel output is also on the rise. Official data showed China's crude steel output went up 6.4 percent year-on-year to 782 million tons in the first 10 months.