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The Hainan Provincial Development and Reform Commission said another 1,575 projects are ready to resume construction or operations in the near future.

The FOCAC summit saw China roll out a raft of cooperation initiatives for Africa that target the bottlenecks in development on the continent, in areas ranging from industrial promotion to infrastructure connectivity and green development.

The Foreign Ministry issued a paper on Wednesday elaborating on what has transpired — and the Chinese government's position over the incident — warning India not to underestimate China's resolve to defend its territory.

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The Forum on China-Africa Cooperation (FOCAC) is another initiative that positions Africa to benefit from its cooperation with China, the world's second largest economic power house.

The Hong Kong Polo Team in Beijing. [Photo provided to China Daily]

The Guangdong civil affairs department has opened 3,777 emergency shelters to help people needing refuge in severe weather, and relocated 100,000 people from disaster-prone areas.

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The ID numbers of online shops that sell the products are not of insurance companies or agencies but individuals, the International Financial News pointed out.

The G20's membership consists of 19 countries plus the European Union. Collectively, the G20 economies account for around 85 percent of the gross world product, 80 percent of world trade (or, excluding intra-EU trade, 75 percent), two-thirds of the world population and approximately half of the world's land area.

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The Henan climate center issued an orange alert for drought on Saturday, the second highest level, saying that droughts have covered 60 percent of the province's land area.

The Fed moved quickly to get ahead of the bad news, slashing the benchmark lending rate to zero by the middle of last month following two emergency meetings.