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China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 4.05 percent Friday, unchanged from the previous monthly adjustment, as the country's flexible and prudent monetary policy creates enough leeway for lenders to better support an economy hit by the novel coronavirus disease (COVID-19) outbreak.

China's industrial internet development is estimated to bring trillion GDP growth in the next 20 years and inject overwhelming momentum for the upgrading of the manufacturing industry and sustainable economic growth, said MIIT.

China's economy, though facing headwinds, has maintained steady growth over the first three quarters of this year, as the country's economic structure continued to optimize, said the country's top economic regulator.

China's economy expanded 6.9 percent in the first half of the year, well above the government's yearly target of 6.5 percent. The economy grew 6.7 percent in 2016.

China's newly-revised catalog of technologies subject to export curbs is not targeted at any specific company and its contents were finalized after completing the necessary legal procedures, the Ministry of Commerce said on Thursday.