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China Railway Rolling Stock Corp, the Chinese manufacturer of locomotives and rolling stock, has split its struggling freight train manufacturing business into two units to reduce competition and eliminate excess capacity, as part of a corporate restructuring.

China announced in April the transforming of the entire Hainan Island into a pilot free trade zone and granted Hainan much more autonomy than that given to the other 11 FTZs, with an aim to build Hainan into a standard bearer for the country's reform.

China and Germany both uphold multilateralism, rule-based free trade, and trade liberalization and investment facilitation, Premier Li Keqiang said on Thursday.

China and Russia firmly support one another on core issues concerning each others' interests including sovereignty, security and development, Le said. He said that the two countries are willing to keep close communication and coordination, and are resolved to implement the consensus reached by two heads of states, consolidating the "back-to-back" strategic relations of cooperation and protecting common interests of both sides.

China aims to cap its coal-fired power capacity at 1,000 gigawatts in 2020, and non-fossil fuel will account for half of the country's total power generation by 2030.