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China Chengtong has conducted three asset restructurings for China Logistics Co Ltd, one of its subsidiaries over the past five years. It has introduced capital from Sichuan Communications Investment Group Co Ltd, Luzhou Laojiao Co Ltd and Wuhan State-Owned Assets Management Ltd Co, according to Li.

China announced plans in April to establish Xiongan New Area to advance the coordinated development of the Beijing-Tianjin-Hebei region.

China aims to eradicate absolute poverty this year. By the end of last year, there were still over 5.5 million people living below the poverty line across the country.

China University Media Union, a joint organization for more than 60 Chinese universities, collected and analyzed 116 speeches delivered by university presidents in China at commencements in 2017, and found that words such as innovation, dream, responsibility and the Chinese nation were frequently mentioned in university leaders' speeches.

China Construction Bank Corp, the country's second-largest commercial lender by assets, recently announced that its personal consumer loans reached 192.7 billion yuan (.6 billion) as at the end of 2017, up a whopping 157 percent year-on-year.