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China Daily Hong Kong's business team also won three news awards this year, one more over last year. Also winners during the previous year, Zhou Mo was given first Runner-up in Business News Writing, and Luo Weiteng and Chai Hua were jointly awarded second Runner-up in Business News Reporting for their combined series on the retail revolution this year.

China and Nepal signed a memorandum of understanding in 2017 on jointly building the Belt and Road. In April, Nepali President Bidhya Devi Bhandari paid her first state visit to China and participated in the second Belt and Road Forum for International Cooperation.

China and Nepal will build a cross-border railway connecting the Tibet autonomous region with Kathmandu, as agreed on in more than 10 cooperative documents signed on Thursday.

China Railway Corp, the country's railway service provider, also said it will accelerate shareholding reform this year and implement a three-year work plan for mixed-ownership reform, including introducing strategic collaborators, pushing the establishment and operation of railway debt-to-equity funds, and promoting market-oriented debt-to-equity swaps in an orderly manner via ownership transfer, capital increase and stock expansion.

China Petroleum and Chemical Corp said it would increase investment into geothermal energy in the region. China National Petroleum Corp and China National Offshore Oil Corp have promised plentiful supplies of clean energy.