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Liu Xiaochun, vice-president of Shanghai Finance Institute, said it is important to adhere to a principle of competitive neutrality and ensure private businesses enjoy equal status in market competition with their State-owned counterparts.

Liu from Lenovo said the company aims to offer full-cycle intelligent services, including research and development, production, supply chain management, sales and after-sales activities.

Liu Jun, deputy general manager of China Investment Corporation, said that passive investing may become a "mainstream" strategy.

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Lin said that Moutai's popularity abroad is helped by global events such as World Baijiu Day.

Lin Xiaohai (right), Alibaba vice-president and general manager of its LST business, checks a smart POS system at a small shop in Hangzhou, Zhejiang province.CHINA DAILY

Liu said the island province will implement specific measures to help build a fair and competitive business environment, ease tax burdens and reduce difficulties in borrowing money by private companies. Efforts will be enhanced to ensure non-public firms find solutions and achieve sustainable development.

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Liu Dianxun, director-general of China Investment Promotion Agency. [Photo/IC]

Liu said China will open wider to the world “across the board, with further integration with international trade rules and easing market access.”

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Litigants' family information registered with civil affairs authorities, such as marital status and family monthly income, will be shared with the top court via the system, aiming to help the highest judicial chamber to push defaulters to obey rulings, according to a statement of the top court.

Listed as an endangered species by the International Union for Conservation of Nature (IUCN), the Japanese night heron is very rare because of its restricted breeding area.