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China's Mission to the European Union said on Wednesday that what is happening in Hong Kong is now devolving into extreme violence.

China's National Financial Work Conference impressed analysts of its emphasis on pushing financial sectors to serve the real economy.

China's banking sector had deferred payments on 1.8 trillion yuan (8.1 billion) of loan principal and interest for a number of micro, small and medium-sized enterprises through measures including loan extension and renewal, said a spokesperson of the China Banking and Insurance Regulatory Commission on July 11.

China's GDP scale in the first quarter tends to be the smallest compared with the other three quarters, due to production disruptions caused by the Chinese New Year holiday. Yet, the epidemic's impact on the economy this quarter has been so widespread that the whole-year GDP growth will likely be affected considerably.

China will expand the railway network to 150,000 kilometers by 2020, including 30,000 km of high-speed rail, according to the 13th five-year plan (2016-20) for railway construction issued by the nation's top economic regulator on Friday.