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China Railway Construction Corp Ltd, or CRCC, signed an agreement for the construction of the Moscow-Kazan highway late last month. Valued at about 3.36 million, the project was the first national highway construction in Russia contracted out to a Chinese company.

China Merchants Bank, one of the country's biggest, was fined more than 65.7 million yuan (.3 million) for 14 violations, including guaranteeing principal on some wealth management products, the regulator said in an online statement on Friday.

China also boasts a high level of agricultural mechanization. In 1949, China had only 13 combine harvesters, and in 2018, there were 22.38 million tractors, including more than 2 million combine harvesters.

China and Thailand have achieved fruitful results in promoting cross-border economic cooperation, said Yang.

China Tianjin International Fair for Investment and Trade opened in Tianjin on Thursday, focusing on opening-up, cooperation and high-quality development.