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CG Lai, BNP Paribas China's deputy chief executive officer, said with the growing maturity of multi-national corporations' operations onshore in China, foreign parent companies are increasingly seeking to tap the domestic bond market as an important and highly cost-effective source of yuan funding to support their Chinese expansion needs.

By the end of last year, onshore assets of the industry totaled 261.4 trillion yuan ( .49 trillion), up 6.4 percent year on year, Liu Zhiqing, an official with the China Banking and Insurance Regulatory Commission, said at a recent meeting.

CHANGCHUN - A Chinese auto maker has completed the country's first highway test of the drive-smart functions of commercial heavy-duty trucks.

By the end of Tuesday, 15 of the 16 districts in Beijing had reported zero new local cases for more than 36 days. Chaoyang district, which was listed as the high-risk area for COVID-19 control, will have no new local cases for 14 days by Thursday, which means it will no longer be considered a high-risk area.

By spreading the documents on overseas media platforms, he deliberately damaged China's image, misleading the public and causing extremely negative effects, police said.