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Chinese State-owned enterprises are willing to see fewer trade frictions, and SOEs will follow market rules to better promote trade globalization and opening-up and co-operation, said Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission.

Chinese government bodies are pushing restructuring in the field of coal and electric power so as to fend off coal-fired power overcapacity, according to a statement released on the official website of National Development and Reform Commission Monday.

Chinese prosecutors approved the arrest of 5,370 people for alleged offenses relating to disturbing pandemic control from January to June, many of whom were charged with fraud and obstruction of official duties, according to Dong Guiwen, director of the case management office of the Supreme People's Procuratorate.

Chinese investors made .27 billion of non-financial ODI in nearly 4,000 overseas enterprises in 152 countries and regions from January to July, the Ministry of Commerce said. It marked a 14.1 percent increase from the same period a year ago.

Chinese major listed insurers, also important players in the capital market, took a conservative approach to the market this year and hope to boost their overseas investment.