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A total of 21.7 million mu (1.4 million hectares) of crops in Shandong are still suffering from drought even though rain drenched the province last week.

The country will strengthen macro guidance on private companies' overseas investment and help them invest in a step-by-step and focused manner, according to a statement jointly issued by 13 central government departments, including the Ministry of Commerce and the People's Bank of China.

After their talks, the two leaders signed a joint declaration on the establishment of bilateral strategic partnership and witnessed the signing of a series of cooperative documents.

Hong Kong-listed China Pacific Insurance plummeted 10.04 percent on news that private equity firm Carlyle Group is raising up to 737 million U.S. dollars by selling 220 million shares.

However, the percentage of Chinese urban residents (63 percent) who were satisfied with the air quality was significantly less than that of rural counterparts (87 percent), indicating that air pollution is much worse in the urban areas. Seventy-eight of rural residents were satisfied with water quality, compared to 67 percent in urban areas, the poll said.