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China's Ministry of Emergency Management has vowed to take more measures to promote the development of civilian rescue teams to strengthen the country's emergency response system.

China will lift foreign ownership restrictions in the life insurance sector in three years and raise foreign ownership limits to 51 percent in joint-venture life insurance firms by the end of June, a top regulatory official said.

China's Everbright was involved in one of the biggest deals, paying 123 million euros (4 million) for a majority stake in the Polish waste management company Novago, while LED manufacturer Hongbo Clean Energy announced plans to build a new high-tech complex in the town of Opole.

China's central government is already considering launching a timetable for ending sales of gasoline-powered private cars, according to industrial bodies.

China will step up efforts to reduce its reliance on fossil fuels and improve its energy consumption mix to ensure improved air quality. It plans to cut carbon emissions per unit of GDP by 60-65 percent by 2030 from 2005 levels, while investing 2.5 trillion yuan (6 billion) in renewable energy by 2020, according to the National Energy Administration.