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The move aims to create a better policy environment for enterprises through deepening reforms to delegate power, streamline administration and optimize government services and to ride a new wave of industrial transformation, said a spokesperson of National Development and Reform Commission, as per a Q&A transcript published on the NDRC's website on Tuesday.

The move will enable Tus-Clean Energy to join the ranks of the earliest investors from China in the biodiesel industry in Brazil, he noted.

The move is part of the nation's broader effort to advance the Made in China 2025 plan to bolster competitiveness in advanced manufacturing. To be specific, China is expected to lead the world in key sectors of the industrial internet by 2035.

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The move comes after GAMECO started operations of the first production line of 737-800 Boeing Converted Freighter (BCF) project in June this year.

The narrow measure of shadow banking, which includes interbank investments through special purpose vehicles, interbank wealth management, entrusted loans, trust loans and online peer-to-peer lending, dropped by 11.87 trillion yuan from a historical peak to 39.14 trillion yuan at the end of last year, said a report issued by a research group of the China Banking and Insurance Regulatory Commission. The commission systematically defines shadow banking in China for the first time.

The missile according to officials was fired from a warship to surface and it successfully hit the target.

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The mixed-ownership reform aims to allow shareholders from all backgrounds, including State, private and foreign investors, to invest in SOEs to reach a balanced shareholding structure and board representation. Its goal is to create a flexible and efficient market-oriented mechanism to improve management and profitability of SOEs, said Zhang Chunxiao, a research fellow at the National Academy of Governance.

The most detailed evidence against Guzman came from more than a dozen former associates who struck deals to cooperate with US prosecutors.

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The move also targets improved information recording of foreigners' credit activities in China and aims to help them receive better financing services, according to officials.

The narrow measure of the money supply (M1), which covers cash in circulation plus demand deposits, rose 3.3 percent year-on-year to 55.81 trillion yuan by the end of October.