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China Life Investment Holding Co Ltd, an alternative investment and management company and unit of China Life, is buying a 95 percent stake in the real estate projects from ElmTree Funds LLC, a private-equity firm based in the city of St Louis.

China aims to raise the per capita income above a poverty line of 2,300 yuan (0) per year by 2020.

China and the European Union must work toward a comprehensive, balanced and high-level bilateral investment agreement before the end of this year to drive a global economic recovery, Premier Li Keqiang said on Monday.

China News Service reported, since April this year, prices of second-hand houses in Shenzhen have gone up excessively. Panic buying was seen in some hot areas, and prices rose unreasonably high. Local government bodies have cracked down on behaviors such as property hoarding, market bulling, and false advertising and statements.

China Mobile, the largest mobile carrier in the country, has played an active part in leveraging 5G, big data analysis and other state-of-the-art technologies in epidemic prevention.