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China announced plans to create Xiongan New Area on Saturday, which authorities described as a "major historic and strategic choice" that would be "crucial for the millennium to come."

China Merchants Securities Co said in a research note that it expects Apple to sell some 60 million to 70 million smartphones in the fourth quarter of 2018 and 38 million to 45 million in the first quarter of 2019, lower than previously forecast.

China Life's net profit attributable to equity holders jumped 128.9 percent year-on-year to 37.6 billion yuan in the first half of 2019, thanks to the improved investment performance in the capital market, according to its interim report. Its gross investment yield stood at 5.78, up 200 basis points on a yearly basis.

China COSCO provides various services ranging from container shipping, customs clearance to logistics for Chinese enterprises exporting goods to Egypt.

China Daily - Agencies