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China's online lifestyle platform Meituan recently made a deal acquiring bike-share company Mobike for .7 billion (23.26 billion yuan), according to business news portal Lanjinger, which cited an insider Tuesday.

China's cloud computing market is still a blue ocean, full of opportunities everywhere, said Alex Yung, corporate vice-president and managing director of Amazon Web Service (AWS) Greater China.

China's historically high credit growth in the first half of this year has strongly supported economic recovery as the novel coronavirus epidemic has been almost controlled in the country, the central bank said on Friday. It added that monetary policy will be back to normal if the outlook remains optimistic.

China's courier sector is expected to deliver over 490 million packages a day following next month's Singles Day online shopping promotion, the State Post Bureau said on Wednesday.

China's outbound direct investment or ODI in non-financial sectors dropped almost 42 percent year-on-year to .03 billion between January and September, data from the Ministry of Commerce show.