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It is seen as a more beneficial financing channel for small businesses, with low costs and simple listing procedures.

It is one of the 72 results achieved on Saturday after The Ninth China-UK Economic and Financial Dialogue in Beijing, which was co-chaired by Chinese Vice-Premier Ma Kai and the UK's Chancellor of the Exchequer Phillip Hammond.

It is part of a plan to build a sound and complete cybersecurity system by 2025 to promote the development of the industrial internet in the country.

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It is seen as an easier financing channel for small businesses, with low costs and simple listing procedures. Last year, total turnover on the board stood at about 227 billion yuan, up 18.7 percent from 2016.

It is the ninth telecom satellite China has provided to foreign nations and the first space cooperation project between China and Algeria, the statement said.

It marked the highest number of jobless claims in three months, indicating the disruption of the labor market's recovery by recent COVID-19 spikes.

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It recorded a gross margin of 19 percent in the quarter, which was 0.5 percentage points higher from the same period last year, despite the coronavirus pandemic.

It meanwhile quoted unnamed separate data as saying that debts from SOEs accounted for 70 percent of the total of non-financial enterprises.

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It is clear that China's economy is already shifting to high-quality development, said Christine Lagarde, head of the International Monetary Fund.

It is the first regular direct flight between the two cities, it added.