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The Beijing-Shanghai High-Speed Railway is 1,318 kilometers long and spans seven provinces and municipalities including Tianjin, Hebei, Shandong and Jiangsu. It is regarded as the country's premium transportation asset and has since its start in 2011 hosted 940 million trips.

The Belt and Road Initiative is an initiative for peaceful development and economic cooperation, rather than a geopolitical or military alliance, said the report. "It is a process of open, inclusive and common development, not an exclusionary bloc or a 'China club'."

The Bezos Expeditions team recovered pieces of the Apollo F-1 engines in March.

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The Belt and Road Initiative should also be propelled to help less-developed countries narrow the "digital divide," with measures to foster e-commerce professionals, according to Wang.

The Belt and Road Initiative was proposed by China, but it is open to all countries in the world to join and to share the benefits. Even African and Latin American countries far away from China have become active participants of BRI, working together to gather impetus for growth and open new prospects for common development.

The CPC will mark its centenary in 2021.

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The Beijing-based tea maker Xiao Guan Tea has partnered with Prince Kung's Palace Museum to introduce Spring Festival gift tea package on Jan 7, as part of the company's efforts to attract younger Chinese consumers back to tea consumptions.

The British theme park operator has reached an agreement with the Shanghai Jinshan district government, CMC Inc and investment company behind the Lego empire, KIRKBI Inc, to invest an estimated 0 million in the resort, and the project is not expected to open until after 2023.

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The CBA report also said Chinese banks are exploring innovative business models. For example, they are offering loans to high-tech startups with equity stake in the latter as collateral. By the end of 2016, Chinese banks in Beijing had offered 4 billion yuan in such loans.

The CPC discipline inspection agency announced in August 2016 that Wang had been expelled from the CPC and dismissed from public office following a corruption investigation.