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China will tighten regulations on financial institutions, to protect investors who are not able to recognize potential financial risks and to safeguard people's money. "Financial activities for the public, whether in the name of technology or not, should be strictly regulated," Pan said.
China will finance and own 70 percent of the venture, while Laos will be responsible for the remainder.
China's biggest electric carmaker BYD on Wednesday officially showed the world its automatic driving technology with the launch of a self-driving monorail system in Yinchuan, capital of the Ningxia Hui autonomous region.
China will resolutely curb the resurgence of various types of financial risks and properly handle new challenges arising from the complicated economic and financial situation amid the novel coronavirus outbreak, regulatory officials said.
China will name the baby panda, who survived after the 9-year old Huan Huan gave birth to twin babies on Friday night.
来源：资阳报