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Approximately 13.75 billion yuan worth of nonperforming assets had been recovered over the period, representing an 11.6 percent increase year-on-year.

Applauded at a festive ceremony, a cargo train loaded with food, automobile and auto parts from the Netherlands, France and Spain departed from the railway terminal of GTV group based in Tilburg. As the 750th train on this link, it will travel through countries like the Netherlands, Germany, Belarus, Kazakhstan, and in 15 days arrive at Chengdu, capital of China's southwestern province of Sichun.

As China's attention partly moved toward pumping short-term credit into the local economy, Mitter said regional partners would want signals as to how China's foreign direct investment strategy is going to change after COVID-19.

Article 23 of the Basic Law of the HKSAR stipulates that the HKSAR shall enact laws on its own to prohibit any act of treason, secession, sedition, subversion against the Central People's Government, or theft of state secrets, to prohibit foreign political organizations or bodies from conducting political activities in the HKSAR, and to prohibit political organizations or bodies of the HKSAR from establishing ties with foreign political organizations or bodies.

As China's financial market has experienced considerable fluctuations recently, regulators' attitude to encourage insurance funds to get involved in the long-term investment is becoming more and more obvious and measures to guide long-term funds such as insurance funds into the market are accelerating.