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China's online lifestyle platform Meituan recently made a deal acquiring bike-share company Mobike for .7 billion (23.26 billion yuan), according to business news portal Lanjinger, which cited an insider Tuesday.

China's legislature adopted a decision on Saturday to speed up local government bond issuance before the approval of the annual fiscal budget.

China's new round of reform and opening-up will encourage global companies from the high-end manufacturing sector to further transform traditional industries with smart manufacturing in the country, said business executives.

China's national anthem, March of the Volunteers, was composed in 1935, with lyrics written by the poet Tian Han and music composed by Nie Er. The song encouraged Chinese soldiers and residents during the War of Resistance Against Japanese Aggression (1931-45), and it was named as the national anthem in 1949.

China's insurance market is promising growth and foreign investors are upbeat on the market, said Wang Xiangnan, secretary-general of Research Center for Insurance and Economic Development under Chinese Academy of Social Sciences.