China’s mutual fund assets climbed above 39 trillion yuan for the first time at the end of April, as a rebound in domestic equities lifted fund valuations following a volatile first quarter.

China's largest offshore shallow lithologic oilfield, the Kenli 10-2 oilfield cluster, has seen its first-phase project fully put into operation, with a daily crude oil output of over 2,800 tonnes, providing strong support for stable oil production to the Bohai Oilfield, the country's largest crude oil production base. The Kenli 10-2 Oilfield has proven geological crude oil reserves of more than 100 million tonnes.