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The Intermediate People's Court in Yueyang City handed down the verdict Friday to Gong Weiguo, former mayor of Linxiang City, after convicting him of taking bribes and abuse of power.

The Ministry of Emergency Response is providing 1,000 tents to the earthquake zone in Xingwen county, Sichuan province.

The Industrial and Commercial Bank of China Ltd, also called ICBC, has listed a .58 billion green bond on the London Stock Exchange. The funds will be used to finance environmentally sustainable assets.

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The M2, a broad measure of money supply that covers cash in circulation and all deposits, rose 8.5 percent year-on-year to 192.14 trillion yuan at the end of June, according to the People's Bank of China.

The LNG index, not including tax and processing fee, came in at 1,888 yuan (2.54) per ton in the week ending Aug 16, down 4.3 percent from the previous week.

The Kwai Chung container terminal is seen in Hong Kong, Feb 5, 2016. July 1, 2017 marks the 20th anniversary of Hong Kong's return to the motherland. [Photo/Xinhua]

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The Labor Department's four-week moving average of first-time claims — a less-volatile measure because it evens out spikes — fell to 1,175,850, a decline of 79,000 from the previous week.

The Industrial and Commercial Bank of China dominated the ranking for the fifth year running.

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The MCA said 96 percent of China's left-behind children are in the care of their grandparents.

The IMF warned that China may face potential risks of protectionist policies by its key trading partners in the future.