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The maker of remdesivir is also studying the drug in patients with less severe COVID-19, but those results are not expected until later this month, according to earlier media reports.

The majority of Chinese companies were previously engaged in what could be called "simple labor" compared to a less engaged "complex labor" process, which includes product development, marketing channels and brand creation. As of today, many companies are still at the bottom of the global value chain.

The mainland's first internet-only insurer captured the imagination of investors who have high expectations of the emerging "new economy" sector.

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The legislation, Democratic aides said, will include enhanced unemployment benefits, free virus testing and aid for food assistance programs. The package also ensures 14 days of paid sick leave, as well as tax credits to help small- and medium-size businesses fulfill that mandate. Language was still being drafted for provisions related to family and medical leave, according to a Democratic aide, as aides worked through the night to prepare the bill.

The macro-level policies that took effect in the past year have been effective, and home prices in first-tier cities will be stable throughout this year, said Zhou Jing, head of project sales, JLL Shanghai, an international real estate consultancy.

The long-held practice of price markups on drugs sold at public hospitals has traditionally been a key source of income.

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The logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. [Photo/IC]

The main structure of the sea bridge linking Hong Kong, Zhuhai and Macao was completed Friday.

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The macroeconomic policy will continue to be fine-tuned, said Xie Yaxuan, chief economist with China Merchants Securities. The adjustment will focus on the fiscal policy in the second half of this year, and as part of adjustments, taxation and fee reduction will benefit small and micro-sized enterprises.

The mainland will continue to share development opportunities with Taiwan compatriots so as to increase people's sense of gain, honor and well-being, the statement said.