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China's Spring Airlines selected Honeywell's suite of advanced cockpit technologies and industry-leading auxiliary power units for its future fleet of Airbus A320neo aircraft, while Honeywell UOP, a strategic business unit of Honeywell's performance materials and technologies division, has also signed a memorandum of understanding with Oriental Energy on the adoption of UOP's C3 Oleflex units in Oriental Energy's five new propane dehydrogenation (PDH) projects to help convert propane into propylene.

China's FTZs, which expanded from the first in Shanghai to 11 across the country, are a way of testing new policies, including interest rate liberalization and fewer investment restrictions, to better integrate the economy with international practices.

China's "aggressive" tax cut plan for 2019 highlights the central government's determination to promote high-end manufacturing and could motivate enterprises to increase investment despite the temporary slowdown in industrial profits, experts said on Tuesday.

China's NEV market recorded another year of rapid growth in 2017 as the government continued its strong push for green transport, posing a great challenge to battery recycling.

China will enhance support for trade financing and give full play to the role of export credit insurance to help companies cope with the impact of the novel coronavirus epidemic, according to the Ministry of Commerce.