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China Daisy Group, a leading financial service provider in China, has partnered with Savills to establish a joint-venture property service enterprise, aiming to expand its business in property and asset management services, according to the group's top management.

China Unicom, a major telecom operator in China, is rebranding its image to better attract consumers, and diversifying its 5G-powered services to tap into more business opportunities brought by the wider use of the superfast wireless technology.

China Life will also actively invest in projects related with the reform of country's State-owned enterprises including debt-for-equity swaps to help reduce the debt burden of the SOEs, according to Zhao.

China Petroleum and Chemical Corp, the world's largest refiner by volume, has signed a deal with China National Offshore Oil Corp, China's largest producer of offshore oil and gas, to study and explore several mostly offshore areas in China.

China and Germany have great cooperation potential in the forefront of digital technologies, as China has become one of the biggest players in digital innovation, an industry insider said.