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China United Property, one of the country's major non-life insurers, last year recorded an annual premium income growth of 8.8 percent to 422 billion yuan ( billion), fueled primarily by car insurance.

China Merchants Bank saw a 12.69 percent year-on-year growth in operation and administration fees, rising to 38.16 billion yuan in H1. This was mainly due to the bank's transition to a 3.0 digital operation model to promote the implementation of fintech strategies, according to the bank's half year report.

China Securities Journal, the official newspaper of Xinhua News Agency, said on Monday that the free port in Shanghai will carry out supervision "within the borders but outside the Customs", which is in essence the same principle adopted by other free ports around the world. It would also take steps to develop offshore trade and finance and to facilitate the free flow of commodities, capital and talent.

China Pacific Insurance (Group) Co Ltd's (CPIC) net profits increased 22.9 percent year-on-year to 18.019 billion yuan (.68 billion) in 2018, the company said in a statement Sunday.

China Railway Chengdu Group Co Ltd, a subsidiary of China railway Co Ltd that manages Chongqing, Sichuan and Guizhou provinces, is expected to handle 36.5 million passengers this year, an increase of 4 million people over last year.