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Appliances giant Midea Group announced on July 4 a 4 billion yuan buyback to be completed in 12 months. Upon execution, it will be the largest of its kind in the history of A shares.

Around 6 kilometers from the urban area of Shule county, Kashgar, one of the least-developed areas in Northwest China's Xinjiang Uygur autonomous region, is home to a textile industrial park.

Around 160 speakers from over 100 international organizations, universities, research institutions and global think tanks from some 20 countries and regions are expected to attend.

As China's regulatory environment on overseas transactions gets tighter, domestic companies buying up assets overseas should adopt a more prudent and rational outlook, experts say.

Around 1,260 competitors from 68 WorldSkills' member countries and regions participated in 52 competition events this year. China sent the largest-ever delegation of 52 members, aged from 18 to 21. It was the first time that China participated in 18 of the events, Zhang said.