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China Chengtong has also been actively participating in the debt-for-equity programs of some debt-laden SOEs and has been investing in SOEs' initial public offerings as a strategic cornerstone investor.

China aims to raise its global competitiveness in the railway sector by expanding its railway networks with wider coverage and higher speeds, according to the country's top railway operator.

China Daily reporters witnessed long queues of voters outside most polling stations in the city.

China already had a regulation on collecting a "pollutant discharge fee". But some local governments exploited loopholes and exempted enterprises that are big contributors to revenue. For years, regulators suggested replacing the fee system with a law to better regulate the companies and governments.

China Star Optoelectronics Technology Co Ltd, a leading TV panel supplier and a subsidiary of home appliances giant TCL, has a sixth-generation flexible display panel production line in Wuhan. The project produces high-resolution, flexible and foldable display panels for smartphones.