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China has emerged as a leading market for art over a week of high-end auctions in New York, said US auction house Christie's, whose sales totaled more than million.

China has been trying to ban overloaded freight trucks from its roads for decades, with many drivers and logistics companies having chosen to ignore safety hazards and overload their vehicles to cut transportation costs since the 1980s. It has become one of the most pressing issues for China's transportation authorities.

China faces a "severe and complicated" situation concerning combating money laundering amid rising financial risks and even more stricter international standards on fighting money laundering, Yin said at a briefing.

China has built the world's largest electronic vehicle charging infrastructure network, attracting capital from diversified sources, Sina Finance reported on Monday.

China has enhanced efforts in regulation of overseas investment since late last year, which has led to more rational outbound investment activities, according to an official with National Development and Reform Commission, who declined to be named.