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China's debt risks are under control as enhanced supervision has taken effect, but regulatory bodies need to enhance coordination to tackle risk points, an economist with a government think tank said on Tuesday.

China's industrial developer Tianjin Economic-Technological Development Area (TEDA) is currently developing a total area of 7.23 square km in Egypt's Suez Canal Economic Zone (SCZone) in Ain Sokhna district of Suez province.

China's new energy vehicle giant BYD Co Ltd announced on Tuesday evening the restructuring of its wholly-owned subsidiary — now named BYD Semiconductor Co Ltd — in a bid to deeply integrate its semiconductor business, offer better products to the industry, and actively seek an independent listing at an appropriate time.

China's monthly vehicle sales rose for the first time in nearly two years in April with production returning to 2019 levels, an indication that the industry has returned to normalcy since the novel coronavirus outbreak, according to a leading industry association.

China's mass innovation and entrepreneurship programs are aiding the development of Chinese private equity funds, said Guo Libo, research head of China-Venture Group, which produces research reports on venture capital and private equity.