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China and ASEAN countries agreed on a framework of the Code of Conduct (COC) in the South China Sea before schedule, and it indicates China and ASEAN countries are confident, capable and wise enough to manage divergences and maintain regional peace and stability, Wang told Lao Foreign Minister Saleumxay Kommasith.

China Life Insurance Co Ltd, the country's largest life insurer by market share, will invest actively in international markets, seeking greater exposure to assets including overseas stock markets, real estate and infrastructure projects, a senior executive said on Thursday.

China and Japan will also facilitate exchange of visits between their young people to enable them to learn from one another and get to know one another so that they, enlightened by real history, can choose the path for the future, Li said.

China Brand Day was created by the National Development and Reform Commission, China's top economic planner, along with the ministries of commerce, agriculture and rural affairs. The Shanghai municipal government also played a role.

China Unicom and China Telecom are two of China's top three telecom service providers.