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China State Shipbuilding Corp, the world's largest shipbuilder, signed a major contract worth 20 billion yuan (.8 billion) with Qatar's national oil company on Wednesday, marking the largest export deal in China's shipbuilding sector.

China International Capital Co Ltd said shares of Moutai are expected to see long-term growth as sales volumes of the company's products may rise, driven by business-related consumption as well as middle-class consumer support.

China Minsheng Bank Corp Ltd, a Beijing-headquartered national joint-stock commercial lender, launched a tech subsidiary called Minsheng Fintech Corp Ltd on Tuesday. The move follows in the footsteps of five other listed commercial banks, such as China Construction Bank Corp, China Merchants Bank Co Ltd and Industrial Bank Co Ltd.

China announced plans in April to establish the Xiongan New Area, a new economic zone about 100 kilometers southwest of Beijing in Hebei province. It covers Hebei's Xiongxian, Rongcheng and Anxin counties.

China and the European Union reaffirmed their goal of concluding talks on the bilateral investment agreement before year's end and agreed to bolster cooperation on green development and the digital sector during a leaders' meeting on Monday.