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China's enterprise bond spreads, especially with high-yield ones, are still above their historical average and should compensate for a gradual rise in the overall rate of credit market defaults under an orderly deleveraging scenario, said Mark Haefele, chief investment officer of UBS Global Wealth Management, in a recent research note.

China's large number of fintech companies has helped the country to take the lead worldwide in developing the industry, according to the Global Fintech Hub Report released on Wednesday during the Money 20/20 China conference.

China's envoy to the United Nations reaffirmed China's consistent and strong support for the UN and the World Health Organization (WHO) in playing a leading role and actively in international anti-epidemic cooperation.

China's copyright watchdog launched a four-month national campaign on Monday to crack down on online copyright infringement, mostly targeting online reposts of articles, video clips and animation games.

China's latest regulation came as authorities have repeatedly highlighted the importance of containing financial risk as the country faces a build-up of debt, and booming new financial products challenge regulations.