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Beijing-Tianjin-Hebei Railway Investment Co, the lead coordinator of the fund, signed agreement with 12 financial institutions, including the country's big five banks, Ping An Asset Management Co, and Capital Development Investment Fund Management Co in Beijing.

Beijing Gehua CATV Network Co Ltd on Friday announced it would establish a joint venture video company with Chinese tech giant Tencent Holdings Ltd and People.cn Co Ltd, the online portal of the People's Daily, as the three parts seek to be at the forefront in China's booming livestreaming and short video sectors.

Beijing welcomes businesses of all nations, including those from Germany, to expand their investment in China, and conduct technology and knowledge cooperation, Li said.

Beijing's No 1 Intermediate People's Court pledged on Wednesday to create a long-term mechanism that will ensure verdicts are implemented more effectively, building on its success over the past three years.

Beijing Civil-Military Integration Expo 2019 will be held from May 6 to May 8, aiming to be a platform facilitating the trade of dual-use products.