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China will optimize government service hotlines and improve the efficiency and capacity of government services for businesses and individuals, meeting participants decided.

China's Contemporary Amperex Technology Co Ltd, Ant Financial Services Group and the bike-sharing startup will pour in an initial 1 billion yuan (4.6 million) in the new joint venture, which is primarily engaged in e-bikes' battery-changing services.

China will deepen security and defense cooperation with African countries to help them better tackle complex security issues ranging from piracy to epidemics, officials said on Tuesday.

China won't accept lectures from other countries and will object to the practice of double standards, he said, adding that the country is willing to step up exchanges with the EU under the principle of mutual respect to seek common progress.

China's big four banks posted higher growth in lending income and improvements in profitability and asset quality, with average daily income of 2.5 billion yuan (7.3 million) in the third quarter.