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The Chinese People's Political Consultative Conference system provides a different model of democracy, parliamentarians from several African countries said during a discussion on Tuesday that followed a visit to an exhibition about the CPPCC's history.

The Chinese central bank decided to inject more than 800 billion yuan (5 billion) through a broad cut of the cash amount that financial institutions must hold as reserves, or the reserve requirement ratio (RRR), to keep liquidity ample and provide cheaper financing for the real economy.

The China-ASEAN Cross-Border Medical Cooperation Platform was launched on Friday to facilitate medical cooperation and exchanges between China and ASEAN countries in Nanning, Guangxi Zhuang autonomous region. [Photo provided to chinadaily.com.cn]

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The Chaoyang District People's Court ruled in favor of crowdfunding service Shuidichou after it sued a user in August last year, alleging the defendant, Mo Chunyi, had misused the funds.

The Chinese central bank and the regulators of the banking, insurance and securities industries have been jointly drafting a comprehensive regulatory framework to tighten supervision of the asset and wealth management businesses of the country's financial institutions.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, gained 3.78 percent to close at 2,767.40 points.

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The China-Belgium Technology Center is committed to building a two-way green channel for high-tech industries in China and Europe. It provides a platform for technology transfer, strategic investment, industry cooperation and market access.

The Changjiang Water Resources Commission of the Ministry of Water Resources announced the decision, saying intense rains have pushed up water levels in the middle and lower reaches of the river.

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The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 2.80 percent to close at 1,355.33 points.

The China-US trade decline came while the two countries have not yet addressed their trade disputes, but China's overall foreign trade is expected to continue its expansion, experts said.