In April 2018, the China Securities Regulatory Commission for the first time allowed a foreign company to hold the controlling stake in a Chinese fund company.
In April last year, Meituan took full control of Mobike. However, Meituan incurred a net loss of 28.8 billion yuan (.25 billion) in the first half of 2018, mainly due to acquisition-related costs.
In 2017, the convenience stores segment in China netted total sales revenue of 85.35 billion yuan.
In April 2016, another video went viral showing a schoolgirl being slapped more than 30 times by a group of older girls. Police detained a number of the perpetrators.
In 2016, health expenses in China totaled 4.63 trillion yuan (7 billion) accounting for 6.2 percent of GDP, a number still much lower than that of developed countries.
In 2018, local authorities ordered that papermaking, a mainstay of the local economy, stop and all paper and pulp mills around Dongting Lake closed by the end of last year. The closure of the Yuanjiang paper mills came amid a nationwide campaign to eradicate environmental threats.
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In August, the ministry issued a directive in another attempt to tackle the issue of overloaded trucks, which have been called "the No 1 killer on the road".
In Beijing, home prices in Xicheng and Haidian districts, two regions with clusters of good primary and middle schools, had "sharper decreases than other districts" in May due to the new policies.
In Beijing, about 10,000 small companies cited as polluters were still in operation in Daxing district, ranking the city as having the worst air pollution in 2016.
In 2018, central SOEs handed in 2.2 trillion yuan (5.5 billion) of taxes and fees, up 5.7 percent from a year earlier, Peng Huagang, spokesman for the State-owned Assets Supervision and Administration Commission of the State Council, told reporters.