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Chinese Foreign Ministry spokesman Wang Wenbin on Friday extended congratulations to Biden and Vice-President-elect Kamala Harris, saying China respected the choice of the American people. Wang told a regular press briefing that China understands the presidential election result will be determined following US laws and procedures.

China's stock of hogs rose 2 percent in November, the first monthly increase in about a year, signaling that favorable policies to boost hog production despite the epidemic of African swine fever have taken effect, the Ministry of Agriculture and Rural Affairs said on Monday.

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a bank in Beijing. [Photo/Agencies]

China, the world's biggest energy user, needs underground gas storage facilities to address the imbalance created by weak consumption in summer and surging demand in winter, industry insiders said.

China's personal insurance has seen sound and fast development in recent years with commercial personal insurance reaching a considerable coverage nationwide, yet problems such as insufficient supply and low level of protection still exist, said the meeting.