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China aims to cut the average debt-to-asset ratio by another 2 percentage points for its 98 centrally administered, State-owned enterprises by 2020, the country's State asset regulator said.

China Railway Corp discovered some tunnels along the Shanghai-Kunming high-speed railway have some serious quality problems, which pose safety risks to the line, Thepaper.cn reported on Tuesday.

China Railway Construction Corp, one of the country's two biggest rail construction contractors by sales revenue, reported that it had successfully installed the main steel frame of Lusail Stadium in Qatar last week for the nation's hosting of the soccer World Cup in 2022.

China and Russia will cooperate with other BRICS countries to improve global governance, fight all forms of trade protectionism, and promote the establishment of a multilateral financing system that is standing, stable, sustainable, and risk-controllable.

China and the large number of African countries, as developing nations, must put economic and social development first and support each other in their choices of development path, the Chinese diplomat said.