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China's courier sector delivered 60 billion parcels in 2019. The country has over 20,000 companies for express deliveries, employing more than 3 million people, according to the State Post Bureau.
China's oil giant Sinopec Group announced Tuesday that its net profit is expected to reach 27.09 billion yuan (.98 billion) in the first half of the year, surging by 50 percent, as crude oil price in the global market increased in the period.
China's financial regulators will have "zero tolerance" over illegal activities in the country's capital market such as fraudulent securities issuance and financial fraud, officials said at a key meeting on Saturday.
China's gross domestic product expanded 6.7 percent year-on-year in the first three quarters, in line with market expectations and higher than the government's annual growth target of around 6.5 percent.
China's financial regulator on Friday suspended the approval of new online microloan firms as well as new cross-province micro-lending business to clean up the rapidly growing but highly unregulated industry.