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China Eastern will add to the frequency of its flights from Kunming to Osaka and make it a daily round-trip service next month.

China already has seen a decline in its US LNG volumes recently, importing only four cargoes over June and July, compared with five cargoes in May alone, according to S&P Global Platts Analytics data.

China Southern Airlines, another of China's "big three" State-run carriers, has also officially asked the US aircraft-maker for compensation involving its 24 grounded MAX aircraft and postponed deliveries of such planes, CCTV reported the same day.

China Shipbuilding Industry Corp, one of the Chinese Navy's biggest contractors, announced debt-to-equity swaps which will see eight investors picking up stakes in two of its unlisted subsidiaries for an estimated 22 billion yuan (.27 billion).

China and the Europe should step up their practical cooperation on the Belt and Road Initiative, also known as BRI, according to China's top diplomat to the European Union.