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China will further reduce leverage at central State-owned enterprises by establishing multiple channels to reduce corporate debts, those at a State Council executive meeting chaired by Premier Li Keqiang decided on Wednesday.

China's 41 trillion-yuan (.6 trillion) investment by 2030 creates a huge market and also drives technological innovation, said Xie.

China's Minister of Environmental Protection Chen Jining was appointed acting mayor of Beijing Saturday.

China's banking and insurance regulator issued a notice on Friday on tightening regulation of the structured deposit business of commercial banks, in an effort to control risks effectively and protect the legitimate interests of investors.

China's State-owned enterprises are taking the lead in resuming operations in an orderly manner, a government official said on Wednesday.