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China's digital service export bases should be established on the basis of innovative development pilot areas and national service outsourcing demonstration cities, according to a guidance on accelerating transformation and upgrade of service outsourcing.

China's foreign exchange regulator is maintaining a firm stance on freeing cross-border capital investments amid the acceleration of financial opening-up, while remaining cautious about potential shocks from external financial instability.

China's first new foreign investment law in decades, which is one of the most important legislative items at this year's two sessions in Beijing, is likely to be passed later this week.

China's financial regulators will have "zero tolerance" over illegal activities in the country's capital market such as fraudulent securities issuance and financial fraud, officials said at a key meeting on Saturday.

China's drug enforcement and customs officers began investigating after receiving a report that a gang headed by a Hong Kong resident was planning to illegally export a large amount of methamphetamine.