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China's consumption upgrade has created a new growth point for global auto companies, and luxury car sales remain at a high level compared with low- and medium-end models.

China's exports of mechanical and electrical products grew 11.5 percent year-on-year to 857.51 billion yuan in January, making up 57.1 percent of the country's total exports.

China's economy showcases strong growth momentum with GDP expanded 6.8 percent year-on-year in the first half of this year, up from the annual target of around 6.5 percent and within the range of 6.7 percent to 6.9 percent for 12 consecutive quarters.

China's first officially authorized data-asset assessment center was launched Saturday in Hohhot, capital of the Inner Mongolia autonomous region, as the local government scrambles to develop big data industries to spur innovative economic growth.

China's national weather observatory continued its alert for rainstorms on Thursday morning, as heavy precipitation is expected across the country over the next few days.