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The Chinese companies investing in the industrial park are from sectors including new energy sources, aluminum processing, machinery manufacturing, trade and logistics, chemicals, packaging and more.

The Chinese authorities have also encouraged reverse travel with preferential policies allowing travel companies to offer discounts on ticket prices. The reverse rush has maintained an average growth of 30 percent over the past two years, said Fliggy, Alibaba's online travel service provider.

The China Insurance Regulatory Commission, for instance, recently issued a note on the motor insurance sector, further regulating the market by forbidding cash-equivalent discounts while allowing value-added services like roadside assistance in insurance policies.

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The China-Laos railway has a total length of 414.332 kilometers with over 62.7 percent of bridges and tunnels, linking Mohan-Boten border gate in northern Laos and capital Vientiane. Operating speed on the route is designed at 160 km per hour. Construction of the project is scheduled for five years with investment of some 40 billion Chinese yuan (.8 billion), 70 percent of which comes from Chinese investment and the rest 30 percent from Lao side.

The Chinese government will step up reform and roll out a series of new incentives to better remove hurdles hampering private investment and businesses and boost economic vitality. [Photo/IC]

The Chinese character "kun", meaning trapped, is picked as the word of the year for 2019 across Taiwan Strait. [Photo/Xinhua]

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The Charity Law was widely seen as a milestone in the nation's efforts to bolster the rule of law in the philanthropy sector, which has served as a second social safety net after the official one and has amassed huge social wealth to aid the nation's fight against rural poverty.

The China-proposed Belt and Road Initiative, which calls for better economic connectivity, political coordination and cultural exchanges among countries and regions, has won positive reaction in Finland.

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The China Securities Regulatory Commission said it will crack down on any speculative or insider trading in shares related to anticipated announcements about stock splits.

The China Meteorological Administration said that rainfall will subside in western and northern areas of Sichuan, where most of the mudslides occurred.