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As excess capacity has weighed on China's overall economic performance, cutting overcapacity has been high on the government reform agenda.

As a result, Chinese shipyards maintained their leading position by taking away the lion's share of the business in a sign of the strength of the country's shipbuilders despite global consolidation in the industry as new orders halved in the first eight months of the year, analysts said.

As far as a potential matchup between Trump and Bloomberg in November, polls show Bloomberg prevailing. In the RealClearPolitics.com average of five polls in a hypothetical Bloomberg-Trump matchup, the former mayor would prevail by 6 percentage points.

As an active response to a national appeal to promote educational cooperation and resource exchanges between China and other countries, the Sino-German College of Technology was set up by Shanghai's East China University of Science and Technology in November 2003.

As a result, traffic on the nation’s highways is forecast to rise by 10 percent compared with last year, Wu Chungeng, a ministry spokesman, said on Thursday.