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China's top SOE regulator has urged giant companies to speed up structural reforms, asset reorganization and industrial upgrading progress to further compete with peers in global markets, according to a senior official.

China's top education authorities ordered on Friday an immediate inspection of all kindergartens across the country amid a number of reported child abuse cases.

China, whose vast national highway network consists of 149,600 kilometers of road as of last year, has seen robust traffic of vehicles carrying hazardous materials as the country is one of the largest consumers of petroleum and related products in the world, with strong demand for such transportation service.

Chinese Internet giant Baidu will sell its meal ordering and delivery services, Baidu Waimai, to rival ele.me and the deal is expected to be announced by ele.me as soon as this week, reports China Business News.

Chinese A-share listed companies have so far insufficient disclosure data on their reports for social responsibility. But Wan believes the increasing inclusion of A shares into MSCI benchmark indexes will improve the situation.