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China's interbank treasury bond index in net price opened higher at 985.6 points Tuesday. [Photo/Sipa]

China's non-financial SOEs have a high rate of leverage. Data from the Chinese Academy of Social Sciences showed that the leverage ratios of financial institutions and non-financial institutions were 21 percent and 156 percent respectively at the end of 2015. The Economic Information Daily reported earlier that SOEs were responsible for about 60 percent of China's corporate debt.

China's empty nest youth make up a large portion of cat obsessives. Working in China's big cities far from families, many find companionship in pets, both virtual and real. For the time being at least, many youth have gone cat crazy.

China's efforts to fight air pollution have led to increased need of heating fuel in many northern cities during the past winter, boosting domestic natural gas prices to a three-year high.

China's economic growth beat forecasts to reach 6.9 percent year-on-year in 2017, marking the first acceleration since 2010 despite financial regulatory tightening and measures against pollution that affect growth.