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China may see an increasing number of mergers and acquisitions among small and medium-sized commercial banks, as the country ramps up efforts to mitigate financial risk while divergence in banks' asset quality and financial performance has intensified, experts said.
China protects people's rights and interests
China must pay close attention to the spreading of risks arising from cross-sector and cross-market financial innovation, tighten regulation and strengthen coordination to mitigate potential systemic risks, said an official of the China Banking and Insurance Regulatory Commission.
China said Sunday that it has suspended poultry imports from a Tyson Foods facility where hundreds of workers have tested positive for the coronavirus.
China is willing to actively participate in international cooperation on the digital economy and advance its healthy development together with other countries to create new drivers and new room for the world's economic growth, Xi said.
来源：资阳报