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China will take fresh steps to tackle technological bottlenecks in crucial electronic components, as it works hard to pursue innovation-driven growth and beef up its manufacturing prowess in the global electronics battlefield, the country's top industry regulator said at the ongoing China Information Technology Expo in Shenzhen.

China will help its exporters in the electronics, automobile and agricultural sectors to deliver orders on time and resume production in an efficient manner, said the head of the country's top foreign trade and investment promotion agency.

China's central bank announced in August a plan to reform the LPR mechanism to better reflect market changes in its latest move to guide borrowing costs lower to support the real economy. [Photo/VCG]

China will deepen the mixed ownership reform and seek progress in industries including petroleum, natural gas, railways, telecommunications and defense, according to this year's government work report.

China's auto market, which was hit particularly hard by the virus, has been recovering. Total output reached 2.2 million in July, up 21.9 percent year-on-year, while sales hit 2.1 million, up 16.4 percent year-on-year, according to the China Association of Automobile Manufacturers.