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Chinese regulators are continuing to make it easy for foreign participants to thrive in China's panda bond market. This approach is helping both investors and issuers.

Chinese economy continues to make progress in rebalancing, with consumption and services sector maintaining relatively fast growth, said Ayhan Kose, director of the Word Bank's Development Economic Prospects Group, in a teleconference on Tuesday.

Chinese oyster sauce maker LKK Health Products Group has bought London's landmark commercial property 20 Fenchurch Street, also known as the Walkie Talkie for its unique shape, from British developers Canary Wharf Group and Land Securities for 1.28 billion pounds (.68 billion), it was announced Thursday.

Chinese courts have witnessed a sharp decline in the number of drug-related trials in recent years thanks to efforts to stamp out such offenses, a senior official with China's top court said on Tuesday.Courts at all levels concluded a record 139,000 drug-related cases in 2015, but the number began dropping the next year amid a harsh crackdown on drug crimes, Supreme People's Court Vice-President Li Shaoping said.Last year, courts nationwide concluded 85,800 drug-related cases, down 38.27 percent from the number in 2015, he said.Li said defendants in about 22.4 percent of drug-related cases from 2015 to 2019 were sentenced to five years or more in prison.During those five years, Chinese courts dealt strictly with people who made, smuggled, sold, bought or transported large quantities of drugs, as well as those who committed crimes after taking drugs, he said.Li said some problems that persist include the high incidence of drug smuggling in coastal and border areas, and the rising number of cases involving defendants who made drugs on their own using new materials.While calling for courts to impose harsher punishment of those guilty of drug-related crimes, Li also said efforts to prevent the jobless and young from getting involved in drugs should also be emphasized.

Chinese e-commerce giant JD has rolled out 11 subsidy support measures for 250,000 merchants on its platform. These measures include expense reduction, financial and logistics support, data flow support, technical support and health protection.