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Chinese monetary authorities plan to further improve the fundamental financial market infrastructure to attract foreign investors, vowing a continual opening of the domestic bond market.

Chinese online shoppers and regulatory authorities are facing bigger challenges as the virtual marketplace booms with popular products emerging one after another, said Lao, noting that such products and services might not be covered by existing industry standard constraints.

Chinese e-commerce giant Alibaba is weighing a delay to its listing on the Hong Kong Stock Exchange, previously expected to take place in September, the New York Post reported on Thursday.

Chinese online retailers have stepped up efforts to crack down on counterfeit products sold by third-party vendors on their online marketplaces.

Chinese monetary authorities reaffirmed the nation will keep its prudent monetary policy stance unchanged, despite the novel coronavirus outbreak, and will use conventional toolkits to strengthen economic growth, according to a senior central bank official on Thursday.