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Geng stressed that China will continue to adhere to its fundamental national policy of opening-up and pursue development with its door wide open.

Given a fragmented and segmentary system might leave blind spots in supervision and lead to financial arbitrage, the introduction of the committee will help improve the effectiveness of regulation and address regulation challenges brought by increasingly mixed financial services, Lian said.

Gates believes most developed countries will be moving into the second phase of the epidemic in the next two months. He said that life would be "semi-normal" — that is to say, times would be abnormal but not as abnormal as during the first phase. People will be able to go out again, "but not as often, and not to crowded places".

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Geng said earlier that the Indian troops obstructed Chinese border troops' normal activities in the area, and China had "taken proportionate measures in response".

Gimeno, also is the company's CEO for the Asia-Pacific region and a Spanish citizen who has been living in China for a decade, said in terms of economic recovery in the post-epidemic era, the La Defense Cedex-headquartered group feels confident about the recovery and growth of its business in China.

Gas leaked from a section of the gas pipeline operated by PetroChina in Shazi town of Qinglong county and then caused an explosion and fire at about 11:20 p.m. Sunday, the county government said.

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Geely vehicles await sale at a dealership in Changzhou, Jiangsu province. [Photo by Wang Qiming/For China Daily]

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Georges Mihaies, a member of the Intangible Cultural Heritage Task Force at UNESCO, said the US administration's harshness toward China is a temporary thing, since the two sides have many shared interests.

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