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China National Petroleum Corp, the country's largest oil and gas producer in terms of output, has signed a contract with the government of Benin in West Africa to build and operate a crude oil pipeline in the region, the company said in a statement recently.

China Vanke Co, a leading residential property developer, launched Beijing's first batch of rental housing in the capital's northern outskirts in April. The two types of apartments, sized 90 square meters and 180 sq m respectively, commanded monthly rents of up to 18,000 yuan (,648) and 40,000 yuan respectively, far higher than 6,000 yuan for a 90-sq-m flat nearby. The longest tenure of a lease contract for this kind of home can be 10 years. So, renting a 90-sq-m flat for 10 years could set one back by 1.8 million yuan.

China and the European Union should jointly safeguard multilateralism and free trade system and promote trade and investment liberalization and facilitation, Premier Li Keqiang said on Monday.

China also contributes to the international certification and accreditation. The country was the one to lead the LED certification for the International Electrotechnical Commission Quality Assessment System for Electronic Components, the first time for the world’s second-largest economy, Liu said.

China announced 11 measures on Saturday to further open up the financial sector in the latest move to help bolster and stabilize growth.