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Central SOEs such as China Southern Airlines, China Railway Rolling Stock Corp, China COSCO Shipping Group and China Minmetals Corp have all made sustained efforts to secure the necessary resources from overseas. Using their global market networks, they were able to source and transport a large number of protective clothing fabric, face masks, thimerosal and medical equipment from Germany, the Netherlands, Malaysia, Japan and South Korea.

Central SOEs also saw a drop in their debt-asset ratio in H1 thanks to government deleveraging efforts.

Changan's net profit attributed to shareholders slumped 250.62 percent in the first quarter, resulting in a net loss of over 2 billion yuan. It was the third straight quarter that the Chongqing-based carmaker saw a fall in its net profit.

Chefs steam Mianpi to make the Hanzhong Mianpi, in Hanzhong, Northwest China's Shaanxi province, May 18, 2017. Hanzhong Mianpi, a noodle-like Chinese snack made from wheat or rice flour, is a specialty dish named for the city of Hanzhong and served hot with garlic and hot chili oil. [Photo/Xinhua]

Canyon Bridge, a China-backed private equity firm, officially acquired British chip-making giant Imagination Technologies for about 550 million pounds (4 million), the Financial Times reported Saturday.