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The State Council approved the debt-for-equity swaps, following policy debate, as part of a broader effort to cut back corporate indebtedness in the world's second-biggest economy.

The Shanghai-based company, dating back to 19th century, is a historic shipyard. It was widely regarded as the cradle of China's shipbuilding industry. Currently, it builds, repairs and converts some high-tech and sophisticated vessels.

The Shanghai Jewish Refugees Museum [Photo/VCG]

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The Shenzhen-Zhongshan Bridge, which is under construction, will bring Zhongshan much closer to Shenzhen.

The Suzhou municipal authority in Jiangsu province set up a credit guarantee fund of 1 billion yuan for companies meeting the requirements of a special bank loan, without providing any collateral.

The State-owned company announced on Monday that it will step up efforts to build key cross-border optical fiber cable projects to link China with neighboring countries, including Myanmar, Nepal, Pakistan and Kyrgyzstan.

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The Shigatse zone signals that industrial transfers are shifting further to the west, which benefits the whole country, said Sang Baichuan, an economics professor at the University of International Business and Economics in Beijing.

The State Council called for the government to support migrant workers wanting to find jobs near their homes and to expand employment through measures such as developing infrastructure projects.

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The She Loves Tech 2020 Global Startup Competition attracted competitors from over 30 countries. [Photo provided to China Daily]

The Southeast Asian nation is famous for its 12th century Angkor Archeological Park in Siem Reap province. Besides, it has a 450-km pristine coastline stretching across four provinces in the country's southwestern part.