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As China's major trade center, the city has been an important base for foreign nationals living in China. It is known for having a large African community.

As China so far has put 50 pilot central SOEs into mixed ownership reform in three rounds, and the trend has been set, he said for highly competitive commercial companies, State-owned capital can get involved in forms of either majority stake holders or smaller stake holders.

As America's new crop year of soybeans and corn begins to be harvested, experts are optimistic that China will step up its purchases of the two grains and other agricultural products, which will benefit US farmers.

Around 850,000 people were previously urged to evacuate from nearly 400,000 homes in the hardest-hit regions across Kagoshima, Kumamoto and Ehime prefectures, local media reported Tuesday.

Around the same time last year, consumer stocks rose and sustained their momentum for a while. Kweichow Moutai and Midea shares soared to record highs. This year, the story could be no different, analysts said.