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China's top securities regulator issued approval to UBS to increase its shareholding in its securities joint venture to 51 percent, the first foreign bank to do so upon completing the transaction.

China's total food imports amounted to .28 billion last year, up 25 percent year-on-year, while the annual average growth rate over the previous five years was 5.7 percent, data from the administration showed.

Chinese Ambassador to Pakistan Yao Jing congratulated the launch of the first unit of the Qasim power plant, hoping that the plant could serve as a model project under CPEC.

Chinese Foreign Ministry spokesman Wang Wenbin said on Monday that China hopes Armenia and Azerbaijan will resolve their differences through dialogue and that the two sides will keep calm and practice restraint. Maintaining regional peace and stability is in the interests of all parties, he said.

China's top regulators, including the central bank, have banned ICO practices, an increasingly popular application of blockchain globally, which has helped Chinese startups raise almost 2.6 billion yuan (0 million) in the first half of the year, according to a report by experts on the internet financial security technology.