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Another industry leader Goldman Sachs also announced on Friday the CSRC has approved its increased stake in Goldman Sachs Gao Hua Securities Company Limited to 51 percent. Prior to that, the US investment bank held 33 percent in the joint venture.

Ano said on Monday the deaths of Hapilon and the last of the remaining Maute brothers signaled the end of the IS-linked extremist groups particularly in the southern Philippines.

Ap - Xinhua

Another member of the delegation, Melody Bai, who is co-founder of the Beijing-based accelerator The Jiangmen, said that gaining deeper understanding of French companies'technology strength will allow her to develop a more targeted approach to connecting innovative Chinese startups with French multinationals.

Another trend insurers are seeing is healthcare. A large-scale national health program has been planned in China, and it creates huge opportunities for the industry, he said.