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China Pacific Insurance has introduced Swiss Re Principal Investments Co Asia Pte Ltd as its cornerstone investor. The Swiss reinsurance company has purchased about 28.88 million GDRs, which have a three-year lock-in period.

China among countries to learn lessons from Ireland's Shannon economic zone

China Yangtze Power runs four large hydropower plants, the Three Gorges, Gezhouba, Xiluodu and Xiangjiaba, with a total installed power generating capacity of 45,495 MW as of 2017.

China Investment Corp's executive vice-president, Qi Bin, said one measure to further open the financial service sector is to facilitate cross-border investment. A rise of cross-border investment will help ease trade tensions and lower the market threshold for foreign investors, which "will substantially develop the local financial market", Qi said.

China announced new measures over the weekend to further open its financial sector, with the liberalization extended to several new business areas. Foreign asset managers will be allowed to take controlling stakes in wealth management joint ventures with the subsidiaries of Chinese commercial banks and insurers. Foreign companies are also allowed to own stakes in pension fund managers and currency brokers. The latest policies also involved deregulation in bond underwriting and credit rating businesses.