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The pandemic has had significant impact on the international financial market. During the March 9-13 period, in Europe, one of the worst-hit regions, the British FTSE 100 index dropped 16.97 percent, France's CAC40 fell 19.86 percent and Germany's DAX declined 20.01 percent.

The opening ceremony of the International Science, Technology and Innovation Forum of Boao Forum for Asia is held in Macao on Tuesday. Around a thousand people from 18 countries and regions are attending the three-day forum. [Photo provided to chinadaily.com.cn]

The other two sets of new rules, to standardize asset management businesses of financial institutions and tighten regulation on nonfinancial enterprises' investment in financial institutions, have been issued in April, a sign that the country's financial regulators are keen on risk prevention.

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The online retail giant signed memorandums of understanding with Business France and French industrial engineering group Fives, witnessed by French President Emmanuel Macron who is on a state visit to China from Monday to Wednesday, his first trip to the country since assuming office in May.

The operator also said foreign experts would be invited to join its independent task force.

The penalty fell on Beibadao (Xiamen) Logistics Group, which reaped illegal profits of 945 million yuan by manipulating shares of newly-listed companies, including Jiangsu Zhangjiagang Rural Commercial Bank and Jiangsu Jiangyin Rural Commercial Bank.

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The order is expected to be completed this year, the statement said.

The order said immigration agents must "stop separating parents and children without an objective finding that a parent is unfit," "reunify families with children under age 5 within 14 days," "reunify families with children 5 years old and older within 30 days" and "let parents speak with their children by telephone within 10 days."

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The organization now covers three-fifths of Eurasia, and has nearly half of the world population.

The pace of deleveraging will also be affected by the issue of whether to extend the interim period of the new rules for asset management products－which are crucial for carrying out financial deleveraging and controlling shadow banking.