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The BRI has great global value as a force for cooperation, not confrontation, and has prompted a broad consensus in the international community to pursue stability and development, Zhou said.

The CAAM has not adjusted its estimate, but Ye Shengji, the association's deputy secretary-general, has toned down its optimism, saying a growth rate from 3 percent to 5 percent would be reasonable.

The COVID-19 epidemic has posed several challenges to China's financial sector, but the overall risks are still under control, as the banking and insurance institutions have taken some prospective measures to offset the negative impact, said the PBOC officials.

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The CSRC revised some items in the previous version, including the restricted redemption period for domestic companies issuing Global Depositary Receipts and the rights issue of overseas companies after their China Depositary Receipts offering.

The Australian reported on Friday that PNG has denied entry to Chinese nationals who participated in a COVID-19 vaccine trial.

The Beijing-based company is also working hard to build an ecosystem where it can team up with more business partners to help traditional industries upgrade themselves.

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The CPC and relevant government departments should carry out events in poor regions and provide favorable policies in these areas in terms of funding and services, it said.

The CEO of Juul Labs, the dominant e-cigarette company, stepped down on Wednesday as the company announced it would stop all advertising in the US, where hundreds of lung illnesses and 11 deaths have been linked to vaping. 

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The BMW's local joint venture has adopted the slogan "Time Waits for No One" to appeal to these younger Chinese customers, who it identifies as fast-moving, fast-thinking and fast-acting in their pursuit of a high quality life.

The CIICF has an initial capital of 600 million euros (about 0 million), fully underwritten by Investindustrial, the CIC and UniCredit, and it will "invest primarily in Italian mid-market companies," the Italian lender said in a statement.