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China National Building Materials Group Corp, one of the largest State-owned building materials manufacturers, is in talks to integrate some of its 15 subsidiaries listed both at home and abroad, local media reported.

China and the United States have decided to hold the first round of a comprehensive economic dialogue on July 19, and launch the first round of a law enforcement, cybersecurity, social and cultural dialogue at an early date.

China Petroleum and Chemical Corporation, a trading subsidiary of the group, said the international upward trend of oil price in the first six months significantly boosted the company's upstream business, while its midstream and downstream operations upgraded structure to ride the wave of the favorable market situation.

China Internet Network Information Center warned that the country needs to be constantly vigilant, given that there were 772 million netizens by the end of 2017. Of them, 753 million, or 97.5 percent, access the internet from their mobile phones.

China CITIC Bank Corp Ltd witnessed a substantial improvement in asset quality last year. Its non-performing loan ratio fell 12 basis points year-on-year to 1.65 percent at the end of 2019, hitting the lowest point in the last four years.