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Moon and Abe shared views that strengthening pressure and sanctions on Pyongyang would be needed under the current situations.

Migu Co Ltd, a subsidiary of China Mobile Communications Corp, on Monday announced a strategic partnership with the Chinese Basketball Association League (Beijing) Sports Co to broadcast CBA games in the coming 2018-2019 season and the 2019-2020 season.

Monthly output of forged steel wheels for transit rails has hit 40,000 units to date. But 20 years ago, the steel company only made a few hundred units - a productivity rate that saw the company lose several million yuan just in the transit rail sector.

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Michael Whitehead from the ANZ Bank's agribusiness sector overnight told News Corp that it is was no wonder Australia's richest were continuing to pour their money into the beef industry, citing Rinehart and retail giant Gerry Harvey as examples of prime beef investors.

Monday's report also showed more than 70 percent of the 6,500-plus respondents saying they could live more than a week with only 100 yuan () in cash, and 52 percent only use cash for 20 percent of their total monthly consumption.

Monday's cut of the reverse repurchase rate has cheered the bond market, indicated by a more than 0.4 percent increase of delivery of the bench mark 10-year treasury futures. However, allowing the interbank interest rate to influence the bank loan rates may be not that easy, said Zhang Xu, an analyst with the Everbright Securities.

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Ministry data showed that Chinese companies' direct investment in the EU reached .82 billion last year, an increase of 3.3 percent year-on-year.

Month-on-month, the PPI edged up 0.3 percent, pulling back 0.3 percentage points from a month earlier, the third consecutive month of retreat.

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Mohamed said that as China faces rising labor costs, some of their factories are looking for low cost producing nations.

Moon and Kim have agreed to hold their first meeting in late April at Peace House, a building in the truce village of Panmunjom that straddles the two Koreas.