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The SOEs having a strong need to enter overseas markets due to new trade initiatives and strong domestic competition from private sector, and those whose sales are being reshaped by digital technology should step up their efforts in market-oriented reforms, said Jiang Yu, assistant researcher at the Development Research Center of the State Council.

The People's Bank of China, the central bank, raised the rates of seven-day and 28-day reverse repo agreements and the rates of the medium-term lending facility by 5 basis points on Thursday, after the US Federal Reserve hiked the benchmark interest rate by 25 basis points to a target range of 1.25 percent to 1.5 percent, the third rate hike this year.

The People-People Award recipients were selected from 110 Confucius Institutes across the country.

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The Republican president also threatened to impose a hefty fee on Toyota if it were to build Corolla cars for the US market at a plant in Mexico. But since January, Trump has praised Toyota for its US investments.

The Semiconductor Industry Association (SIA) said the industry shares the Trump administration's concerns regarding unfair and discriminatory trade practices that put at risk American intellectual property in China.

The People's Bank of China said in a statement after its annual work conference on Tuesday that it will ensure the yuan's stability at a "reasonable" level while to allow the market to play a more important role in determining the exchange rate of the currency.

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The SPC promised strong action on food and drug safety, pollution, violence towards medical personnel and school bullying.

The RCMP searched for Wortman for 12 hours as he drove more than 150 kilometers (90 miles) along rural roads and highways while killing at least 22 victims. 

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The Prime Minister will host Trump and the First Lady for a black tie dinner at Blenheim Palace on Thursday evening. Blenheim is famed as the birthplace of Winston Churchill.

The Philippines, one of the world's most disaster-prone countries, has frequent earthquakes and volcanic eruptions because of its location on the Pacific "Ring of Fire," a seismically active arc of volcanos and fault lines in the Pacific Basin.