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China Gezhouba Group Corp, a Wuhan-based engineering and infrastructure project provider, signed an 11.52-billion-yuan (.62 billion) EPC (engineering, procurement and construction) contract for a hydropower station project in Borneo, Indonesia, late last month to further enlarge its presence in the Southeast Asian market.

China and Japan signed 12 intergovernmental agreements, including one on a bilateral currency swap of 200 billion yuan, or 3.4 trillion yen (.4 billion), while both countries agreed to explore third-party markets, after Premier Li Keqiang met with his Japanese counterpart, Shinzo Abe, on Friday.

China Southern said 1,297 passengers have booked seats on its flights flying out of Bali between Nov. 30 and Dec. 7. China Eastern, on the other hand, has 1,480 reservations on outbound flights from Bali.

China Express Airlines Co Ltd, China's only airline focused on regional operations with both passenger and freight air transportation, received approval from the China Securities Regulatory Commission this week for a potential initial public offering.

China and Ethiopia signed a memorandum of understanding on Monday to promote cooperation under the framework of the Belt and Road Initiative, with the event witnessed by Premier Li Keqiang and his visiting Ethiopian counterpart, Abiy Ahmed Ali.