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By the end of June, foreign banks had set up a total of 41 local incorporations, 115 branches and 156 representative offices in China. Meanwhile, the number of foreign-invested business operators came in at 1,005 and the total assets of foreign banks went up 7.56 percent year-on-year.

CANBERRA - Australia's Health Minister has declared that domestic border closures were "necessary" to prevent the spread of COVID-19.

By the end of April, 65 foreign central banks, international financial institutions and sovereign wealth funds had entered China's interbank bond market. In addition, 304 overseas institutional investors, including commercial banks, insurance companies, securities companies, fund management companies and other asset management institutions, have already invested in the onshore bond market, data from the China Central Depository and Clearing Co Ltd show.

CANBERRA - Australian Treasurer Josh Frydenberg on Monday said the state of Victoria is at "war" with COVID-19.

By the end of his visit, Xi had inspired a note of optimism in the city's residents and a spirit of confidence in its new government.