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China will promote global energy development cooperation with economies involved in the Belt and Road Initiative and participate deeply in the world's energy industry transition, a top energy official said on Monday.

China will further facilitate overseas-funded companies in setting up venture capitals and investment companies, and improve relevant rules on overseas investors' strategic investment in listed firms and their mergers and acquisitions of domestic companies, Li said.

China will speedup the issuance of local government debt in the second half of the year, but the overall risks are under control, government officials and industry experts said.

China's GAC Motor is putting out the "Help Wanted" sign for engineers, marketing and management talent in the United States, and analysts in the auto industry say it may be a prelude to the company's entry into the US auto market.

China's Twitch-like game live streaming platform DouYu International Holdings Ltd said on Monday that it has received a preliminary non-binding proposal letter from Tencent Holdings Ltd, proposing that DouYu and its competitor Huya enter into a stock-for-stock merger to be effected.