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China Petroleum and Chemical Corp, the world's largest refiner by volume, has signed an agreement with Russian petrochemical company Sibur on the Amur Gas Chemical Complex (Amur GCC) in Moscow, the company said on Thursday.

China Re Hong Kong is the first domestic insurance company approved to be established in Hong Kong since the establishment of the China Banking and Insurance Regulatory Commission. The company will develop the functions of risk management, technology advancement and financing in the scope of life reinsurance, as well as the "Belt and Road Initiative", and the construction of Guangdong-Hong Kong-Macao Greater Bay Area, so as to contribute to the prosperity and development of the insurance industry in Hong Kong and the Chinese mainland.

China aims to build a world-class national cybersecurity industrial park, which will help cultivate a 100 billion yuan ( billion) cybersecurity industry in Beijing by 2020 and help the country better implement the big data strategy, officials said on Tuesday.

China Life Insurance Co Ltd, a leading life insurer in China with extensive geographic coverage, launched a 24/7 online channel to settle claims of the clients who caught pneumonia caused by the novel coronavirus. It had settled four such claims by the end of Wednesday.

China Southern will have 40 percent of airport slots at Daxing, followed by China Eastern with 30 percent and other airlines sharing the remainder, according to the Civil Aviation Administration of China.