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As the debt-to-equity program is considered a significant and efficient method to tackle debt woes, China Shipbuilding Industry Corp, one of Chinese Navy's biggest contractors, converted debt into equity by offering eight investors stakes in two of its unlisted subsidiaries for an estimated 22 billion yuan (.27 billion) in August.

As the world's two largest developing countries and major emerging markets, the two nations have to explore ways to get along with each other, the ambassador wrote in "Hindustan Times."

As the epidemic gradually subsided, the Hong Kong government announced that normal public services will fully resume from Tuesday, with infection control rules like flexible working hours in place. Previously, non-essential and non-emergency services were reduced due to the outbreak.

As the cruise travel market enters its peak season, vessels operating out of domestic ports are decreasing. According to the voyage plans published by major cruise brands, the number of such vessels in operation in China this year is 11, down 38 percent from 18 last year, China Transportation News Network reported.

As the first campus store of Tmall started business earlier this month in Chengdu, capital of Southwest China's Sichuan province, Tmall plans to set up 1,000 campus stores in the next one year and reach 20 million consumers in 1,000 colleges and universities within three years, according to a report on Tmall's website.