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"China will continue to deepen digital financial inclusion, which will restructure traditional financial models and become a direction of business transition for financial institutions. Digital financial inclusion will bring changes to financial concepts and the organizational structure of financial institutions, restructure their business procedures, and improve their data integration capability and technical skills," said Zeng in delivering a report at the second China financial inclusion innovation and development summit recently held by People's Daily.

"Chinese consumers want diverse, quality products, and a nice consumption environment," said Yu, adding that spending on health, convenience and personalized lifestyle products has risen.

"China will continue to adjust the product list and tax policies for cross-border e-commerce retail imports," said Li Chenggang, assistant commerce minister.

"Corruption in those areas has seriously violated the people's vital interests and happy life, and is posing a serious threat to public security," Zhuang said. "Disciplinary officers should be cautious and take effective measures to handle them."

"China's economy showed signs of marginal recovery in September, as the labor market improved and domestic demand increased at a faster pace," said Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, a subsidiary of Caixin.