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China Reinsurance Group launched a poverty-returning prevention insurance program in Xining, capital of Qinghai province, today.

China Daily contacted CAHF for comment, but had not received a response by Wednesday evening.

China Coast Guard launched its first public hotline on Wednesday with the 24-hour service accessible by dialing 95110. It is expected to strengthen the country's maritime law enforcement capabilities and better guarantee safety on the water.

China and the EU have a solid foundation of political mutual trust, long-standing economic complementarities. As long as the two sides uphold the spirit of mutual respect, working together for mutually beneficial results, the "growing pains" will eventually be solved, Zhang said.

China Railway has been actively engaging in securitization and optimization of its assets. Last April, the company signed a strategic cooperation agreement with the Shanghai Stock Exchange for railway construction bonds, railway capital securitization and plans for its subsidiaries to go public. Earlier this month, China Railway Special Cargo Services Co Ltd, another subsidiary of China Railway, completed its share transfer, another significant push in its mixed ownership reform.