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China will encourage domestic blue-chip companies already listed on the Shanghai Stock Exchange to also list in London, while promoting the trading of shares of London-listed firms, according to an announcement by the Shanghai Stock Exchange on Friday.

China will promote the development of carbon emission rights and carbon financial markets, and improve the efficiency of a price-setting mechanism in the carbon trading market, according to Liu Guiping, vice-governor of the People's Bank of China, the central bank. 

China's central bank released more funds into the market, but in a more cautious way than expected, to guide capital into small and private companies instead of broadly easing monetary policy, according to a statement on Wednesday.

China's advanced internet, telecommunication and transportation infrastructure are creating a new generation of travelers, and their demand is driving new trends that should be utilized by the global travel industry, US travel media outlet Skift reported.

China's GDP in the first quarter contracted by 6.8 percent from a year earlier, according to the National Bureau of Statistics.