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China's non-financial SOEs have a high rate of leverage. Data from the Chinese Academy of Social Sciences showed that the leverage ratios of financial institutions and non-financial institutions were 21 percent and 156 percent respectively as the end of 2015, the Economic Information Daily reported.
China's oil giant Sinopec Group announced Tuesday that its net profit is expected to reach 27.09 billion yuan (.98 billion) in the first half of the year, surging by 50 percent, as crude oil price in the global market increased in the period.

China's first breast milk bank — based in Guangzhou — has helped cure 365 seriously ill babies in the past five years.
China's national standards for biomethane quality, which will probably have clear requirements on biomethane production, storage, transportation, and injection into the natural gas network, are currently under review, and set to be released within a few weeks, according to a source close to the matter who did not want to be identified.
China's exports to the US, such as iPhones, contain a large percentage of components made by other countries, from the US to Japan to Europe, as China has become the final assembly line of global manufacturing supply chain.
来源:资阳报