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China Railway Rolling Stock Corp, the country's manufacturer of locomotives and rolling stock, plans to deploy more resources on operations including localized manufacturing, procurement, employment, services and management to drive growth in global markets, in particular those involved in the development of the Belt and Road Initiative.

China Energy signed a memorandum of understanding with the government of West Virginia to cooperate on shale gas exploration at the beginning of the month. The deal, with total investment to reach .7 billion in 20 years, will be the largest ever energy cooperation deal between China and the United States.

China Daily was part of a media group tour last week that studied poverty relief in northern Fujian.

China also ranks first in terms of market size based on per-capita purchasing power parity, the report shows. The United States is the most competitive nation in the world for the first time in a decade, followed by Singapore and Germany. Switzerland, which ranks fourth on the list, was No 1 last year. Nearly 90 percent of the top 30 are developed economies in Asia and Europe.

China aims to lift 12 million people out of poverty through tourism from 2016 to 2020, according to the China National Tourism Administration (CNTA).