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China's State-owned companies reported steady profit growth in the first half of the year, totaling 1.41 trillion yuan (8.9 billion), up 24.3 percent year-on-year, according to the Ministry of Finance.

China would like to make joint efforts with Russia to strengthen high-level trust and expand cooperation in all areas to pass on the China-Russia friendship to more generations, President Xi Jinping said on Friday.

China's FAW Group launched its ride-hailing app Qimiao Chuxing on Tuesday, firmly placing the manufacturer's hat in the ring of China's competitive ride-hailing industry.

China will implement 50 agricultural assistance programs, provide 1 billion yuan (4 million) of emergency humanitarian food assistance to African countries affected by natural disasters, send 500 senior agriculture experts to Africa and train entrepreneurs in agribusiness.

China's appetite for wine is growing, especially for organic wine, according to Wang Zhenhai, board chairman of Weilong.