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By the end of last month, total SOE assets stood at 144.9 trillion yuan, while liabilities grew 11.3 percent year-on-year to 95.3 trillion yuan. The figures, which exclude financial firms, were collected from SOEs in 36 provincial-level regions and those administered by the central government. China has thousands of SOEs, but many have become ossified due to a lack of competition. The government is trying to improve their fortunes through reform, moving toward mixed ownership and market-oriented management to improve efficiency. According to a State Council action plan last month, China's major SOEs will complete corporate governance reform by the end of 2017. The reform targets SOEs supervised by the central government, excluding financial and cultural firms.

CBOT corn futures ended at new seasonal low on disappointing weekly US export data and forecasts for benign weather in the heart of the US Midwest crop belt.

By the end of this year, it would have introduced more than 50,000 co-working positions to China.

By integrating the five layers of autonomous driving services, Volkswagen is determined to make travel services safer, more comfortable and efficient, according to Soh.

CCB will be committed to fully support CCB Malaysia's growth, in order to provide a comprehensive range of financial services that aim to serve better and provide more efficient financial solutions to the vast market in both Malaysia and China, Wang added.