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Apart from seeking for more business growth drivers in China, foreign banks are also eyeing more opportunities for doing business with Chinese companies overseas as an increasing number of the firms are expanding their global footprint, especially in the economies participating in the Belt and Road Initiative.

Apart from providing low-cost funds to small banks, the central bank will also urge commercial lenders to increase support for small businesses by implementing policies under China's Macro Prudential Assessment framework, Liu said.

Apart from asset restructuring, central SOEs can also direct their resources towards competitive companies or industries through equity cooperation, asset swaps, strategic alliances and joint development, the statement said.

Another 4,543 people from 1,200 households in Kizilsu Kirgiz Autonomous Prefecture have just been relocated to neighboring Kashgar Prefecture some 90 km away this summer.

Anta Sports published an offer in Helsinki to purchase all the shares of the Finnish Amer Sports on in December, 2018.