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Chinese financial regulators will continually encourage commercial banks to develop innovative debt instruments and replenish capital, in order to meet regulatory standards and strengthen their ability to absorb losses, said senior officials.

Chinese dairy brand Yili has jumped five places to third in a new report that ranks the world’s top 50 food brands.

Chinese and European Union officials and experts are pushing for further cooperation at a time when China marks its 40th anniversary of reform and opening-up.

Chinese internet giant Tencent Holdings Ltd has also pledged to increase investments in the fields of digital government, intelligent education, smart transportation, artificial intelligence and security in Wuhan, with a goal of quadrupling the number of employees in the next three years.

Chinese and Indian leaders have developed a strategic vision for the future bilateral ties, which is the Chinese "dragon" and the Indian "elephant" must not fight but dance with each other, he said.