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China's State-owned enterprises' (SOE) operating revenues increased 3.9 percent year-on-year during 2019's first two months, with profits up 15.3 percent compared with the same period last year, the country's top SOE regulator said on Saturday.

China's Didi Chuxing has offered a reward of up to 1 million yuan (0,000) for information concerning the whereabouts of a driver suspected of killing an air hostess as the woman was using the company's ride-sharing service.

China's capital market was ranked fifth in terms of competitiveness among the 20 major capital markets worldwide, up from the eighth place for the previous year, said the report, co-authored by the Shanghai Advanced Institute of Finance and the SSE's Capital Market Institute.

China will phase out about 50 million tons of crude steel capacity and over 150 million tons of coal capacity this year, according to the NDRC.

China will make substantive progress in restructuring the nation's previously monopolized industries, and bring in more mixed-ownership management models, said experts.