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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 court pledged to harshly punish people who infringe on intellectual property rights, especially those stealing business secrets, to intensify IP protection and promote technological innovation.

China's top legislature reviewed a draft law on safeguarding national security in the Hong Kong Special Administrative Region of the People's Republic of China.

Chinese Ambassador to the United States Cui Tiankai said in July that Shen Jinlong, commander of the Chinese Navy, will accompany Wei on his visit.

China's reform and opening-up has opened up new vistas for the country while lifting more than 800 million people out of poverty. The use of social and scientific innovation in economic growth and technology, and a focus on "made in China", apart from reforms at all levels, including industry, education, health and other important areas, are reasons behind the country's progress and prosperity.