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China Tower Chairman Tong Jilu (second from right) poses with other guests at the listing ceremony of the company at the Hong Kong Stock Exchange on Wednesday. [Photo by Roy Liu/China Daily]

China Railway Major Bridge Engineering Group Co Ltd, or MBEC, one of the country's biggest bridge makers, said its business overseas is expected to exceed the domestic market in the future, while focusing further on updating building quality through innovations with smart technology.

China Eastern suspended the operations of some flights, and it will adjust the capacity depending on the epidemic control development and market demand. It said there is big uncertainty regarding the duration and severity of the impact on the international and domestic aviation business, and investors should pay attention to potential risks.

China Galaxy Asset Management will become the fifth authorized national State-owned asset management company after the country set up four national AMCs to deal with distressed assets of large State-owned banks in 1999.

China also passed a new foreign investment law on Friday. It will take effect on Jan 1, 2020.