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China has finalized a set of standards to assess domestic systemically important banks or D-SIBs and indicated that more specific and tighter regulations for these lenders will be announced soon, according to the People's Bank of China, the central bank.

China has outlined a series of reforms to better orient the NEEQ to the needs and features of small enterprises and support high-quality growth of the real economy.

China has managed to control the spread of the virus, but the number of cases is still climbing. South Korea seems to have flattened out the curve in terms of the number of confirmed cases, and Japan appears to be facing a rising infection curve.

China has helped the developing countries to build up their capacity for development and provided the countries with development assistance and humanitarian relief, making great contribution to safeguarding world peace and development and furthering the international cause of human rights, the white paper said.

China attaches great importance to training and capacity building of peacekeepers, he added. "The Chinese peacekeepers are well-trained, well-equipped and well-disciplined," Ma said.