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China announced on Friday that the 25 percent additional tariff on US made cars and trucks will be suspended for 90 days, effective on Jan 1, 2019.

China Everbright Bank Co Ltd, a national joint-stock commercial lender headquartered in Beijing, announced on Jan 11 that it had received regulatory approval for the establishment of a joint venture to be named Beijing Sunshine Consumer Finance Co Ltd. The bank contributed 60 percent of the firm's registered capital of 1 billion yuan, while China CYTS Tours Holding Co Ltd and O-Bank Co Ltd contributed 20 percent each.

China Unicom said the core features of a smart Olympics include safety, multimedia formats, artificial intelligence technologies and energy reduction. The company was the official telecommunications service provider during the 2008 Beijing Summer Olympics.

China CITIC Bank Corp Ltd is boosting its internet finance business, to enhance market performance, as profits based on interest-rate spreads are decreasing, according to senior executives.

China and Russia firmly support one another on core issues concerning each others' interests including sovereignty, security and development, Le said. He said that the two countries are willing to keep close communication and coordination, and are resolved to implement the consensus reached by two heads of states, consolidating the "back-to-back" strategic relations of cooperation and protecting common interests of both sides.