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China's mobile phone market extended its upswing in shipments over the past month, increasing 1.2 percent year-on-year to 38.29 million units and adding to the 4.8 percent growth rate from April, according to data from the China Academy of Information and Communications Technology released on Tuesday.

China's foreign trade enterprises have been boosted by a series of tax deduction policies, ensuring the smooth operation of the foreign trade industry supply chain, Sina Finance reported on Friday.

China's efforts to limit risks in the financial sector gathered pace in the first quarter, with major progress made in improvements of asset quality and slowing down risky shadow banking, analysts at Moody's Investors Service said on Thursday.

China's foreign trade continued to show momentum despite disruptions due to the Spring Festival holiday and lingering trade tensions in the first two months of the year, experts said.

China's manufacturing purchasing managers' index stood at 51.5 last month, compared with August's reading of 51, according to the National Bureau of Statistics. A reading above 50 signifies growth in factory output.