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Commercial banks and insurers have got the green light from the regulators recently to trade Treasury bond futures, enabling them to better hedge interest rate risks amid the novel coronavirus epidemic, which has caused sharp volatility in global financial markets.

Compared to last year's list, a total of 25 new companies managed to list - or relist - their names among the 500 this year, with Chinese firms accounting for 13, including China Development Bank, CRRC Co Ltd, Tsingshan Holding Group, Jinchuan Group Co Ltd, Gree Electric Appliances Inc, Anhui Conch Group Co Ltd, Huaxia Life Insurance Co Ltd and Xiaomi Corp.

Combined SOE profits rose by 24.6 percent year-on-year to 2.39 trillion yuan (0.2 billion; 306.7 billion euros; ￡271.5 billion) from January to October, the Ministry of Finance said on its website.

Commending their long-term efforts to promote the development of bilateral relations and exchanges between the legislative bodies, Li, chairman of the Standing Committee of the National People's Congress (NPC), said this year marks the 70th anniversary of the founding of the People's Republic of China and the 40th anniversary of the establishment of diplomatic relations between China and the United States.

Compared with a business visa, which allows the holder to stay in China no longer than six months, the permit for entrepreneurs is valid for one year with multiple entries and can be extended to a maximum of two years.