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China's General Administration of Customs office announced the suspension Sunday in a news release noting the company "recently occurred employees with new pneumonia aggregation infection".

China will lift foreign ownership restrictions in the life insurance sector in three years and raise foreign ownership limits to 51 percent in joint-venture life insurance firms by the end of June, a top regulatory official said.

China's JAC Motors said on Tuesday that it will produce autonomous cars with the country's internet giant Baidu Inc, with the first mass-produced model scheduled to roll off the assembly line in 2019.

China's central bank offered banks 200 billion yuan ( billion) in fresh liquidity via its medium-term lending facility (MLF) on Monday, leaving enough room for a further easing of the monetary policy in the ensuing months to spur economic recovery, analysts said.

China's banking sector has maintained a relatively strong risk resistance capacity by increasing the appropriation of impairment losses on loans. Banks appropriated 1.4 trillion yuan of impairment losses on loans during the first eight months, up by 261.5 billion yuan year-on-year. The level of allowance for loan impairment losses to nonperforming loans of the banking sector stood at 176.5 percent, while its NPL ratio rose by 0.11 percentage point from the beginning of this year to 2.14 percent at the end of August, according to data from the CBIRC.