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China's industrial production rose 6.2 percent in October year-on-year, falling by 0.4 percentage point from last month, data from the National Bureau of Statistics showed on Tuesday.

China's first deep-sea research institute, the Institute of Deep-Sea Science and Engineering, which is affiliated with the Chinese Academy of Sciences, settled in Sanya in 2016. Hainan will better explore its marine resources and improve naval technology, provincial officials said.

China's exports of goods rose 17 percent year on year in September, higher than August's increase of 7.3 percent. Total exports in the first nine months of this year rose 6.5 percent, customs data showed Friday.

China's management of its economy is also making Pearce more comfortable. He recently allowed his money managers to invest in Chinese mainland equities directly for the first time in the firm's history.

China's four major power generation groups have asked the National Development and Reform Commission, the country's top economic regulator, to increase coal supplies and regulate, reduce coal prices after snowstorms sweeping across central and southern provinces led to major losses for the thermal power sector.