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Compared with the situation in 2019, the risks of a liquidity shortage and a credit crunch will be further eased in the Chinese financial system, and more policies will focus on stabilizing growth and promoting reforms this year, said Cheng Shi, chief economist at ICBC International.

Confirmed African swine fever cases have been reported in Vietnam, the Philippines, Cambodia, China and the Republic of Korea among other Asian countries.

Compared with traditional ways of attracting foreign investment, digitalization has changed business operations in a number of ways, said Cai, noting as a global social network that connects individuals and companies around the world, LinkedIn is willing to help them navigate these difficult times by strengthening their communication and cooperation with others based on the information and connections on its platform.

Comprehensive measures to fight poverty range from housing and health to entrepreneurship and education. County plans include safe housing projects for more than 4,800 needy households, over 100,000 night-school classes for farmers, nearly 10,000 skills and entrepreneurship sessions, and extensive public health and environmental projects for rural families. Business enterprises and groups from more developed coastal areas also work with the agricultural sector and help build Zhaojue's industries.

Commercial banks in China posted a 3.56 percent increase in the balance of non-performing loans, quarter-on-quarter, to 1.64 trillion yuan (5 billion) at the end of the second quarter, said the China Banking Regulatory Commission. The NPL ratio remains unchanged at 1.74 percent.