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Banks should also independently conduct risk assessment and credit approval for the loans they offer and assume primary responsibility for post-lending credit management, according to the China Banking and Insurance Regulatory Commission.

Bank of Singapore equity research chief Sean Quek said portfolio rebalancing after the MSCI inclusion had seen passive fund flows of billion- billion and active flows of billion- billion into various A-share investment funds－which compared with the average daily A-share market turnover of billion in the year to date.

Bai, a member of the People's Bank of China monetary policy committee, said it was "encouraging to see that the government has been moderating its annual growth target" over the past several years.

Based on their full results, researchers believed no one virus lineage was predominant in northern California, which suggests that transmission between communities was limited. Virus introductions to the state were likely from people traveling from outside the studied counties and the state, according to the study.

Based in Guangzhou, EHang announced last year it would establish its first European research center in Lyon, France. In November, the company inked a strategic partnership with Austrian aerospace group FACC to jointly develop new solutions for autonomous flying.