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The Beiyang Fleet, which was almost entirely composed of ships built by Germany and Britain, was considered one of the strongest in Asia. Yet it was annihilated during the First Sino-Japanese War.

The Beijing Second Intermediate People's Court sentenced Ren Zhiqiang, former chairman of State-owned Beijing Huayuan Group, to 18 years in prison on Sept 22 for embezzlement, taking bribes, misappropriation of public funds and abuse of power.

The Beijing-headquartered, State-owned space and defense giant now has more than 170,000 employees, eight large academies and a dozen listed companies. It was ranked 343rd in the Fortune Global 500 list in 2018, making it the fourth largest aerospace enterprise in the world by revenue after Boeing, Airbus and Lockheed Martin.

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The Belt and Road Initiative has transformed Xi'an, capital of Northwest China's Shaanxi province, into a manufacturing and service hub for the initiative as well as a hot spot in attracting foreign direct investment, said officials and experts.

The Beijing-based company's forthcoming listing in the Hong Kong stock market follows that of Meituan-Dianping, a mainland online food delivery and booking giant, which began its listing last week for its potential .4 billion IPO in the city.

The CPC Central Committee proposed listing the supervisory commissions as a new type of State organs in the Constitution.

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The CGA said gold consumption in China reached 1,089.07 tons in 2017, up 9.41 percent, with demand for gold jewelry, gold bars and industrial-use yellow metal surging.

The COVID-19 pandemic is changing the world profoundly, the global economy is suffering unprecedented recession, unilateral bullying is intensifying, and global governance is in deep waters, Wang said.

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The CISA said the net profit of steel enterprises slumped 30.2 percent year-on-year to 37.5 billion yuan (.46 billion). The profit ratio of sales by member steel enterprises was 3.87 percent, 2.39 percentage points lower than the same period last year. By the end of March, their asset-liability ratio dropped 1.94 percentage points year-on-year to 64.08 percent.

The Australian government officially closed the center at the end of October but more than 400 men remained behind, claiming that they feared for their safety in the PNG communities where they would be moved to.