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Chinese policymakers are likely to further ease monetary policy and promote bank loans for small and medium-sized companies in the second half of this year, introducing measures to control risks and prevent shocks in the local labor market, according to industry experts.

Chinese computer maker Lenovo Group issued an internal letter on Wednesday rebutting the market rumor that it failed to back Chinese telecom company Huawei in setting global standards for the fifth generation mobile communications technology.

Chinese investors may not face rising regulatory barriers in each deal, making it possible to acquire a stake in some overseas targets whose valuations have been trimmed, said Freshfields partner Alan Wang.

Chinese religious circles have made remarkable achievements in the development of theological theories, the construction of religious venues and the cultivation of talents, it said.

Chinese carmakers are launching high-end new marques as part of efforts to take on international rivals in the increasingly competitive auto market.