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China's further reform and opening-up have contributed to a bigger trade volume between China and ASEAN despite the ongoing pandemic.

China's manufacturing sector resumed its expansion in June, according to a key private survey, which analysts say tends to confirm stabilization in the world's second-largest economy despite some domestic financial tightening and unstable markets abroad.

China's growing appetite for liquified natural gas, or LNG, is set to change the market pattern as the country's energy majors rush to meet the demand.

China's foreign trade volume totaled 9.07 trillion yuan (.28 trillion) in the first four months of this year, declining 4.9 percent year-on-year, data released by the General Administration of Customs showed on Thursday.

China's industrial profits grew 17.2 percent in the first half, rising 0.7 percentage points than that of the Jan-May period, according to the National Bureau of Statistics (NBS). Industrial profits rose 20 percent in June, down 1.1 percent from that of May.