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China will roll out new measures including cutting customs clearance times, streamlining port services and improving the export tax rebate policy to increase opening-up and facilitate foreign trade, it was announced after a State Council executive meeting chaired by Premier Li Keqiang on Tuesday.

China will ramp up push to promote the use of smart hardware and mobile platforms in the elderly care industry, as the country is leveraging technologies to cope with an aging population.

China's 25 leading excavator makers sold a total of 24,625 excavators last month, up 62.9 percent year-on-year, according to the China Construction Machinery Association.

China's auto market, hit by COVID-19, began to recover in April thanks to unleashed pent-up demand and encouraging policies, with sales rising 4.4 percent year-on-year. This ended a contraction streak over the past 21 months, according to CAAM.

China's GDP expanded 4.9 percent year-on-year in the third quarter, according to National Bureau of Statistics data released on Monday, a positive figure that far outpaced the recent performance of other major economies.