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China Petrochemical Corp, or Sinopec, reported third-quarter net profit growth of 60 percent year-on-year to hit 18.38 billion yuan. Sinopec's third-quarter revenue totaled 772.7 billion yuan, a 33 percent increase year-on-year.
China and the Philippines convened the third meeting of the Bilateral Consultation Mechanism on Thursday in Beijing as a platform to address differences, prevent and properly manage incidents at sea, and enhance maritime dialogue and cooperation.
China and the ASEAN signed a free trade agreement in 2004 and established the China-ASEAN Free Trade Area a decade back. In November 2018, the two sides upgraded the protocol of their free trade agreement to build the largest free trade zone among developing countries.
China Life Insurance Co Ltd has gained a net profit of approximately 16.42 billion yuan (.39 billion) in the first half of 2018, a 34 percent year-on-year increase, according to the company's statement on Friday.
China Investment Corporation, the country's sovereign wealth fund, announced on Friday its 10-year cumulative annualized net return was 6.07 percent, 45 basis points higher than its 10-year performance target.
来源：资阳报