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China and Laos are friendly socialist neighbors with shared ideals, the same social systems and similar paths of development. Over the past half a century since the establishment of diplomatic ties, the relations between the two parties and the two countries have withstood the test of time and the changing global environment, leaving behind many touching stories. Mao Zedong, Zhou Enlai, Kaysone Phomvihane, and other leaders of the elder generation forged among them a deep friendship based on a genuine meeting of minds, and laid down a solid foundation for lasting friendship between the two countries. The descendants of Quinim Pholsena studied for many years in China. They spent their youth in China, and became witnesses, supporters and members of new advocates for China-Laos traditional friendship. In the 1960s and 1970s, Chinese soldiers and civilians actively supported the national independence and liberation movement of Laos. Over 200 of them laid down their lives on this land, forging an indelible monument of China-Laos friendship with their flesh and blood.

China Merchants Bank said in its 2018 fiscal report that its personal banking segment's turnover has grew more than 16 percent year-on-year to 123.26 billion yuan (.34 billion) last year, contributing nearly 53 percent of the bank's total annual income.

China and North Asia generated the largest share of the group's income in 2018, at 41 percent. The region is highly interconnected, with China's economy at its core.

China International Capital Corp's fixed income team said China's central bank had followed the Fed with an interest-rate increase in the past two Fed hikes mainly for maintaining the stability of the interest rate margin between the two markets, and to maintain stability of the exchange rate of the yuan against other currencies.

China aims to cap its coal-fired power capacity at 1,000 gigawatts in 2020, and non-fossil fuel will account for half of the country's total power generation by 2030.