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China's Uber-type service for trucks Guiyang Huochebang Technology Co Ltd, also known as the Truck Alliance, said on Tuesday that it had raised 6 million in series B-2 funding, led by Baidu Capital, the investment arm of Baidu Inc, the country's largest search engine.

China will link the price of independent gas distribution to the costs born by companies, while allowing them enough room to turn a profit, according to a guideline by the National Development and Reform Commission (NDRC).

China's battle against air pollution has had an unintended consequence: a shortage of heating fuel supply is affecting many northern cities this winter, boosting domestic prices for natural gas to a three-year high.

China will open its onshore bond market further to foreign institutions by relaxing the limits on crossborder capital flows, which in turn will boost global holdings of Chinese financial assets, experts said.

China's central bank Friday pumped cash into the banking system via reverse repos to maintain liquidity.