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China's consumption upgrade has created a new growth point for global auto companies, and luxury car sales remain at a high level compared with low- and medium-end models.

China's express delivery business has experienced ups and downs this year because of the COVID-19 pandemic. The industry witnessed a decline in January but started to pick up in February. Since the second quarter, the sector's annual growth rate has exceeded 30 percent, with 50 billion parcels delivered by the end of September.

China's investments in Africa assist the region's diversification of economies, he said, adding that China has the advantages, potential and opportunities to invest in different sectors and use its capacity to benefit both Africa and itself.

China's largest Uber-like freight service provider will step up its investment into artificial intelligence, as it scrambles to tap into the new technology to boost efficiency in matching empty trucks with loads.

China's electric carmaker BYD had the most complaints last year, followed by Mercedes-Benz, BMW, Buick and Audi, according to a report by the China Consumers Association.