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China's economy expanded 6.7 percent in the first three quarters, down from 6.8 percent in the first half but staying above the government's annual target of around 6.5 percent.

China's latest development plan for the new energy vehicle sector prioritizes quality over scale in order to achieve more technological breakthroughs, as the country seeks the more stable and scientific development of its automotive industry in the face of a global market downturn, top industry regulators and experts said on Tuesday.

China's national Consumer Confidence Index led 24 countries surveyed including the United States, India and Brazil in August by rebounding to 72.9 points, becoming the only economy to show a gain from January, the world's leading market research company Ipsos reported earlier last week.

China's foreign trade volume reached a record high of 30.51 trillion yuan in 2018, an increase of 9.7 percent year-on-year, official data showed on Monday.

China's domestically produced screens also gained momentum in the high-end cellphone market in the first six months. About 19 percent of Chinese smartphones worth more than 3,000 yuan (5) used homemade screens, up 10 percent year on year.