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Data from the Ministry of Finance showed Chinese state-owned enterprises saw profit growth of 23.5 percent last year, a contrast to the 1.7-percent profit growth in 2016.

Defense Secretary Ashton Carter announced Bezos’ appointment this week, and numbered him among “the most innovative minds in America.”

Data from China's top banking regulator show that the NPL ratio of commercial banks stood still at 1.74 percent for three consecutive quarters. The proportion of special-mention loans, potentially weak loans presenting an unwarranted credit risk, to total loans fell from 4.1 percent in the third quarter of 2016 to 3.64 percent in the second quarter of this year.

David Dahl (left), a Palo Alto-based firefighter who went to the front lines in Chino to combat the Camp Fire, speaks to Chinese Americans at a charity event held on Saturday to raise funds for the victims. The most devastating wildfire in California history has killed 85 to date. Chang Jun / China Daily

Dan Simmons