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An overseas affiliate of the Shanghai-based airline has signed two agreements with Air France KLM about the purchase and future market cooperation. It will also appoint a representative to the board of directors of the European airline.

Andy Palmer, CEO of British sports carmaker Aston Martin, called it a "remarkable" step.

Analysts believe Chinese energy firms are likely to increase expansion overseas with more deals in coming quarters.

Analysts said the move is expected to facilitate the development of autonomous driving in the country, which is already the world's largest car market and is determined to become a global automotive power in terms of smart cars.

Anhui province's GDP reached 1.75 trillion yuan in the first half, up 0.7 percent from a year earlier. The growth rate also outperformed the national GDP growth of－1.6 percent in the first half. The agricultural sector reported the most significant annual growth rate of 1.2 percent during the first half.