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China National Petroleum Corp's Economics & Technology Research Institute was quoted in the press as saying China's crude processing capacity is expected to climb to 1 billion tons a year, or 20 million barrels per day, by 2025 from 17.5 million barrels at the end of this year.

China Southern Airlines Co, the largest airline by fleet size in Asia, said earlier this week that Qatar Airways Group now holds a 5 percent stake in the company by acquiring 14,600 of its total issued shares.

China Merchants Capital and Russia's Vnesheconombank signed a memorandum of understanding on Tuesday with a view to financing joint projects and creating high-tech and innovation funds.

China Energy Conservation and Environmental Protection Group, a centrally-administered State-owned enterprise specializing in waste disposal, sewage treatment and energy efficiency, will help build a disposal center for medical waste in Wuhan of Hubei province to fight against the outbreak of the epidemic. [Photo/CECEP]

China and Russia signed two important joint statements, one to develop the lately upgraded bilateral relations and the other to promote world stability during President Xi Jinping's state visit on Wednesday.