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The market value of the companies totals 7.85 trillion yuan (.24 trillion), Citic Securities said. Assuming its issue at 10 percent of market value, the market size of the first pilot CDR will be roughly 785 billion yuan.

The ministry said it will push for the phased transformation of the Northern Limit Line (NLL), which has served as a de-facto inter-Korean sea boundary, into a maritime peace zone.

The meeting also called for enhanced supervision and regulation of overseas investment. Since year's end, the government has introduced many measures to lower outbound investment risks.

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The maximum loan amount for personal entrepreneurship guaranteed loans backed by interest subsidies from China's central government was raised from 100,000 yuan (,906) to 150,000 yuan from November last year, the ministry said in a statement Tuesday.

The meeting between US President Donald Trump and DPRK op leader Kim Jong-un in Singapore on Tuesday will start a diplomatic process to try to resolve a standoff over Pyongyang's pursuit of nuclear weapons. Here is a look back at how the road to the summit unfolded.

The midterm elections to be held on Tuesday are the first major electoral battle since US President Donald Trump clinched the White House. Now, after two years, Democrats are eager to get back in the ring and slug it out with the GOP.

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The medical service for livestock has the capacity to treat 1.5 million sheep and 200,000 cows.

The market-oriented reform of testing agencies will be further advanced and private capital will be encouraged to invest in a larger number of sectors, it added.

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The minister listed some of the changes in China's outbound investment, which has seen its structure evolve with continuous quality improvements. He said Chinese investors have turned to high-tech and capital-intensive companies from small and labor-intensive industries in the past. The past few years have seen Chinese investors making deals in developed countries while they mainly used to find opportunities in developing economies, he said.

The maximum loan to each of the aforementioned borrowers that is eligible for tax exemption is 1 million yuan (0,950), the document said.