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The State Council, China's cabinet, will report annually on the management of State-owned assets to the Standing Committee of the National People's Congress, a vital way to boost transparency and maintain the values of such assets, according to a guideline released on Sunday.

The Shanghai Stock Exchange said in a statement on Tuesday evening it has approved the register of China International Capital Corporation (UK) Limited to become a global depositary receipt UK cross-border switch institution under the Shanghai-London stock connect program.

The State Council, China' cabinet, has approved a Chinese Brands Day, to be held on May 10 each year from this year. The first falls on Wednesday.

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The Space Force would be responsible for a range of crucial space-based US military capabilities, which include everything from satellites enabling the Global Positioning System (GPS) to sensors that help track missile launches.

The Staff and Workers Union of Hong Kong Civil Airlines issued a statement as hundreds of protesters started the sit-in against the now-suspended extradition bill Friday afternoon.

The Shenzhen Component Index ended Thursday's trading lower 1.02 percent at 7215.34 points. The ChiNext Index, China's Nasdaq-style board of growth enterprises, lost 1.26 percent to close at 1248.08 points.

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The State Council has removed or handed down 1,094 administrative approval items since the convening of the 18th National Congress of the Communist Party of China, according to a policy briefing held by the State Council Information Office in Beijing on Tuesday.

The TikTok logo is pictured outside the company's US head office in Culver City, California, Sept 15, 2020. [Photo/Agencies]

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The SkyRail, which started operating last August with human drivers, has now become China's first driverless straddle-type monorail system with 100 percent proprietary intellectual property rights. In the second quarter of 2018, the new train will be officially put into use at a speed up to 80 kilometers per hour.

The Spring Festival travel rush for 2020 will last 40 days from Friday to Feb 18.