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China Cinda Asset Management Co Ltd and China Orient Asset Management Co Ltd, two of the eight investors, will contribute around 5 billion yuan and 2 billion yuan, respectively, toward servicing debt of CSIC's Dalian Shipbuilding Industry Co Ltd and Wuchang Shipbuilding Industry Group Co Ltd, according to a recent filing made to the Shanghai Stock Exchange. In return, they would pick up equity in the two CSIC subsidiaries.

China accounts for less than 3 percent of overall EU foreign direct investment, whereas Chinese investments in Europe are rising, but from an even lower base. The EU currently has a trade deficit with China.

China and the United States are going to have closer cooperation in areas of counter-narcotics, cybersecurity and repatriation, according to an intergovernmental joint statement released on Friday.

China National Nuclear Corp, a centrally administrated SOE, also announced that it started to load fuel last week at China's first nuclear plant with a domestically-developed reactor using Hualong One technology, a self-developed third-generation reactor design, bringing the unit one step closer to operation.

China Railway Rolling Stock Corp, the country's railway vehicle and equipment manufacturer and exporter, announced on Thursday that it will build a plant in Canada to further expand its marketing channels in North America.