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China's capital has instituted nucleic acid testing for returnees from Wuhan, the city in Central China’s Hubei province hard-hit by COVID-19 and in the past five days, all results have been negative, according to Gao Xiaojun, spokesman for the Beijing Municipal Health Commission, on Tuesday.

China's banks sold a net .8 billion of foreign exchange to clients in the first six months of this year, down 46 percent year-on-year, according to data released by the State Administration of Foreign Exchange.

China will put over 100 State-owned enterprises into its fourth batch list of mixed-ownership reform for SOEs to better spur innovation and meet market changes, said a senior official from the country's top State assets regulator on Tuesday.

China's GDP increased 6.9 percent year on year to hit 18.07 trillion yuan (.63 trillion) in the first quarter, beating estimates of 6.8 percent. 

China will implement measures to further boost domestic demand and deepen reform and opening-up this year, in an effort to deal with the rising uncertainties and disruptions from the COVID-19 outbreak, according to the country's top economic regulator.