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China Eastern is projected to operate 118,900 flights and provide more than 20 million seats onboard during the world's largest annual human migration.

China National Petroleum Corp (CNPC), one of China's top three oil giants, said on Thursday it will sell most of its oil and gas pipelines and storage facilities to China Oil and Gas Pipeline Network Corp for 268.7 billion yuan (.36 billion) and hold a 29.9-percent stake in the latter. The sale, however, excludes the assets of Kunlun Energy, in which CNPC has a 54.4-percent stake.

China agreed to begin the process of lifting the ban during Prime Minister Theresa May’s visit to China in February. In May, Chinese officials conducted successful inspections of several meat-processing plants and other facilities in the UK.

China also brought the case to the World Trade Organization on Monday. In its filings, China dismissed the US assertion that the steel and aluminum tariffs were instituted on national security grounds, arguing instead that they were safeguard measures - temporary trade restrictions aimed at protecting domestic producers, the Bloomberg reported.

China and the CEE countries will make a stronger contribution to the Belt and Road Initiative by strengthening interconnectivity, international cooperation in industry and coordination of development strategies, said Pan Guangwei, executive vice-president of the China Banking Association, at a summit on frontier issues in the financial sector held by the Asian Financial Cooperation Association in Budapest, Hungary on Wednesday.