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China Zheshang Bank, a Hong Kong-listed national joint-stock commercial lender headquartered in Hangzhou, Zhejiang province, has used the blockchain technology during its exploration with supply chain finance.

China Insurance Security Fund, a national insurance bailout fund, has injected 60.8 billion yuan (.66 billion) of capital into Anbang Insurance Group, according to a statement from the China Banking and Insurance Regulatory Commission released Wednesday.

China announced plans earlier this month to launch a new trading platform on the Shanghai Stock Exchange, as the government aims to encourage technological development by granting excellent companies easier access to funding.

China International Capital Corporation Limited said in a research note the partnership between China Unicom and China Telecom will significantly relieve the financial pressure on the two companies. The acceleration of the 5G rollout will also bring benefits to telecom equipment makers such as Huawei Technologies Co and ZTE Corp.

China Southern ordered 20 A350 aircraft in 2017, with the first delivered in June this year. The carrier expects to receive, accumulatively, the remaining A350s by 2022.