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China United Network Communications Group Co Ltd, the country's second-largest telecom carrier by subscribers, for instance, is stepping up its push to crack down on telecom fraud by using big data and artificial intelligence technologies.

China Star Optoelectronics Technology Co Ltd, a subsidiary of home appliance giant TCL Technology Group, will run a joint laboratory with San'an Semiconductor－a unit of San'an Optoelectronics Co Ltd－to develop micro LED technology, materials, production processes and equipment and accelerate the commercial large-scale production of micro LED displays.

China International Capital Corporation took the lead in investment for this round of fundraising, with other investors including ICBC International, Tencent, Abu Dhabi Capital Group, Changshu Government Industrial Fund, Tiger Global and a fund under Goldman Sachs.

China and the United States currently constitute 60 percent of the company's sales, with Europe accounting for 30 percent, and the remaining 10 percent are shared by the rest of Asia, Africa, the Middle East and Latin America -- but not for long. The company expects Latin American sales to catch up with those of Europe.

China Life's net investment return ratio stood at 4.61 percent last year, down 1.83 percentage points. And its overall investment return dropped 22.8 percent to 108.2 billion yuan (.6 billion), due to the fluctuating capital market, said the company's top management.