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China is toughening supervision on the banking and insurance sector with solid progress made in the first quarter of the year. [Photo/VCG]
China has survived many adversities in the past decades, he said, and the short-term revenue decrease caused by the COVID-19 outbreak will be "offset by the Chinese government's fiscal and monetary stimulus policies which will revive the production cycle."
China increased its US treasuries holdings by .4 billion in October, after cutting .7 billion in September. By the end of October, China held .1892 trillion of US treasuries and remained the largest holder of the securities.
China hopes India will avoid taking actions that would widen and complicate differences and jointly safeguard bilateral ties, he added.
China is accelerating the development of rule-of-law for the protection of children online.
来源：资阳报