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China Telecom is providing 18 charity stations to provide free video communication service for children in the rural poor villages of southwest China's Chongqing who are left behind by parents working in cities.

China announced in 2017 to establish the Xiongan New Area to move non-capital functions out of Beijing.

China Merchants Bank, one of the country's biggest, was fined more than 65.7 million yuan (.3 million) for 14 violations, including guaranteeing principal on some wealth management products, the regulator said in an online statement on Friday.

China International Capital Corporation predicted M2, a broad measure of money supply, is expected to grow by only about 9.6 percent in June year-on-year, the same as May. That level is significantly lower than those seen in recent years, which often reached 13 percent, arousing concerns from the financial markets.

China and the 16 CEE nations are in similar stages of development and their cooperation is open, transparent and inclusive — which is beneficial for all these countries and European integration, Premier Li added.