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Chinese financial regulators took control of Anbang Insurance in February, after its former chairman Wu Xiaohui was prosecuted for economic crimes. Wu stood trial in Shanghai last week on charges of fraudulently raising 65.25 billion yuan and embezzlement. No verdict was given after the trial.
Chinese banks' lending in yuan, a leading indicator for the real economy, surged in March by 1.69 trillion yuan (2 billion), up 52 percent from a year earlier, according to the People's Bank of China, the central bank. The manufacturing purchasing managers index for March, which was back into expansion territory, may be a sign of accelerating industrial activities.

Chinese internet search giant Baidu Inc has reported revenues exceeding 100 billion yuan (.6 billion) for last year, marking a milestone for the company's efforts to accelerate its business growth, and make breakthroughs and innovations, said Robin Li, chairman and CEO of Baidu, in an internal letter on Wednesday.
Chinese authorities are facilitating a bigger role for the private sector in the nation's basic health insurance system, according to senior officials and experts.
Chinese football player in US makes history - World - Chinadaily.com.cn
来源:资阳报