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In the first two days of China's National Day holiday which runs from Oct. 1 to 8, China reported double-digit growth in tourism revenue.

In the case of Alibaba in China, Kim said it has made access to capital almost instantaneous, so long as the user has a good record online.

In the first half of this year, Sino-German trade volume reached .64 billion, an increase of 3.2 percent compared with the same period last year. Investment from Germany in China grew by 70.7 percent year-on-year, and investment from China in Germany rose by 11.1 percent, according to the data provided by the Ministry of Finance.

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In the fight against pyramid schemes this year, the government will prioritize efforts in 11 cities, including Changsha, Nanchang, Nanjing, Nanning and Wuhan, according to a guideline released by the State Administration for Market Regulation.

In the first three months, China exported a total of 11,041 tons of rare earth, down 2.3 percent from the same period last year, showed the data.

In the first half, output from the high-tech manufacturing sector rose 4.5 percent year-on-year, and output of electronic components and integrated circuits rose 36.6 percent and 16.4 percent, respectively.

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In the first four months, China's retail sales of consumer goods went down 16.2 percent year-on-year to reach 10.7 trillion yuan, narrowing from the 19-percent drop in the first quarter.

In the first five months, FDI inflow was 0.7 percent lower than the same period in 2016, said the ministry.

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In the foundation, her work included office tasks, field trips related to scholarships and medical aid, as well as financial support for impoverished residents in the region.

In the first 10 months of this year, China's crude oil output gained 1.7 percent year-on-year to 160 million tons, and the country processed about 560 million tons of crude oil, up 2.9 percent from a year ago.