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China's bike-sharing industry reached a frenzy in less than three years. The two market leaders - ofo and Mobike - are both worth more than 10 billion yuan (.5 billion).

China will unveil a three-year plan to boost the development of the industrial internet, a frontier where countries around the world are scrambling to establish a beachhead, top officials said on Friday.

China's Foreign Ministry called the move an act of bullying. "Signing the bill into law severely meddles in Hong Kong affairs, severely interferes in China's internal matters and seriously violates international laws and basic norms governing international relations," the ministry said in a statement released on Thursday.

China will work with the Association of Southeast Asian Nations to upgrade a strategic partnership and build a closer community of a shared future, Vice-Premier Han Zheng said at the opening ceremony of the 15th China-ASEAN Expo in Nanning, capital of the Guangxi Zhuang autonomous region, on Wednesday.

China's State pension system is "generally stable" and can pay for various social security programs in full and on time, You Jun, vice-minister of human resources and social security, said on Friday.