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Chen Letian, an analyst at BOC International, said the mid- to long-term market trend will be determined by key factors such as stock valuations, corporate profitability and the interest rate environment, noting that the plan to set up a new economic zone is unlikely to change the overall economic cycle direction in China.

Chen Lun is an attendee of such workshops.

Chen Zhu, vice-chairman of the National People's Congress (NPC) Standing Committee, said at a celebration of the anniversary in Beijing on Wednesday that China is willing to work with the ROK to stay true to their original aspirations, reinforce mutual trust, properly handle disagreements and push the ties back on the track of steady and healthy development.

Cheung said that the Jockey Club has pledged not to lay off any full-time employees as a result of COVID-19. Instead, it has launched a 50 percent income subsidy plan to assist its nearly 10,000 part-time employees, most of whom have not reported to work because of the reduced manpower requirements during the pandemic.

Chief Executive of the Macao Special Administrative Region Ho Iat-seng on Monday made his first policy address since taking office in December, pledging to utilize the fiscal reserve to maintain economic stability and people's livelihoods as he forecast the region's first budget deficit since its return to the motherland in 1999.