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China Investment Corporation is also carrying out strategies similar to the other major sovereign funds. According to Tu, about 50 percent of its overseas investment portfolio will be targeted at alternative assets and direct investment by 2022 to better serve China's development strategy and provide strong support to the country's foreign exchange investment returns.

China Southern Airlines announced the company will not renew its agreement with the SkyTeam and leave the airline alliance on Jan 1, marking an end of 11 years of cooperation, 21st Century Business Herald reported.

China and Laos are friendly socialist neighbors with shared ideals, the same social systems and similar paths of development. Over the past half a century since the establishment of diplomatic ties, the relations between the two parties and the two countries have withstood the test of time and the changing global environment, leaving behind many touching stories. Mao Zedong, Zhou Enlai, Kaysone Phomvihane, and other leaders of the elder generation forged among them a deep friendship based on a genuine meeting of minds, and laid down a solid foundation for lasting friendship between the two countries. The descendants of Quinim Pholsena studied for many years in China. They spent their youth in China, and became witnesses, supporters and members of new advocates for China-Laos traditional friendship. In the 1960s and 1970s, Chinese soldiers and civilians actively supported the national independence and liberation movement of Laos. Over 200 of them laid down their lives on this land, forging an indelible monument of China-Laos friendship with their flesh and blood.

China Merchants Bank Co Ltd, a joint-stock commercial lender headquartered in Shenzhen, Guangdong province, took the lead among banks in terms of the amount of money donated, which was 200 million yuan. As of Tuesday, its Wuhan branch had issued loans totaling 2.94 billion yuan to medical institutions and pharmaceutical companies involved in the prevention and control of the coronavirus.

China Pet Foods said its net profit reach 79 million yuan (.18 million) last year.