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In June, Shanghai-based China Eastern Air Holding Co sold a 55 percent stake in its wholly owned Eastern Air Logistics to external investors and its core employees, in a bid to lower EAL's debt ratio and enhance its market competitiveness with the help of the newly introduced partners.

In China, developers secure land upfront before delivering the terms of the contract.

In January John Murphy, an auto analyst with Bank of America Merrill Lynch, raised the possibility of Fiat Chrysler being purchased by a Chinese automaker in the next three to five years -maybe with help from the Chinese government.

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In China, some crucial financial infrastructure, including the Cross-Border Interbank Payment System and the bank card payment system China UnionPay, are under the supervision of the central bank.

In February 2017, China's securities regulator relaxed the trading rules for stock index futures, signaling a gradual exit by the regulator from the harsh restrictions imposed during the market rout in 2015.

In December, the Communist Party of China's Central Commission for Discipline Inspection launched an investigation of Zhang for "serious violations of Party disciplines".

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In February of last year, Xi ordered State media to integrate new media with traditional reporting, so that the country could make use of new media's edge in modern communications.

In January, EHang conducted the first-ever trial flight of the EHang 216 in the United States. The event marked the first flight approval from the US Federal Aviation Administration.

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In China, AI-related industries are projected to generate up to 26 percent of its gross domestic product by 2030, the report said, adding that the largest sector gains will likely be in retail, financial services and healthcare.

In February, Li Xiaopeng, minister of transport, said passengers will have more access to transport and cargo.