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Chinese companies have been pouring resources into research and innovation over the years and led the world in certain fields, which is the primary cause of the technical exchange reverse, said Mats Harborn, president of the European Union Chamber of Commerce in China.

Chinese financial regulators will likely announce new regulations for the asset management industry in March, as part of the country's ongoing effort to curb systemic financial risks, Chinese business magazine Caixin reported on Tuesday.

Chinese State-owned enterprises are willing to see fewer trade frictions, and SOEs will follow market rules to better promote trade globalization and opening-up and co-operation, said Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission, on Saturday.

Chinese courts won't back landlords ending leases when tenants who work in service industries can't pay rent on time after their business was affected by the novel coronavirus outbreak, according to a Supreme People's Court directive on disputes related to the epidemic.

Chinese dragon dancers celebrate at the China Town Food and Cultural Festival in Port Louis, April 27, 2019. The 15th edition of the festival was held in China Town from April 25-28, offering a feast of food and cultural activities such as folk performances, dragon dances and acrobatics. It's organized by the China Cultural Center in Mauritius in collaboration with Mauritius's Chinese Chamber of Commerce. [Photo/Chinaculture.org]