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Beijing's Finance Street, as the country's financial management center, has been making efforts to ensure the safety and efficiency of the operating financial institutions. It released 10 policies on Monday to further open up the market.

Beijing called the reports on Chinese ships transferring oil to Pyongyang unfounded and said the country has always comprehensively and strictly implemented relevant resolutions of the United Nations Security Council and carried out its due international obligations.

Beijing will build a pilot zone for digital and big data businesses to boost technological innovation and opening-up of its services sector and digital economy, he said.

Before the contagion, it was expected that 4.7 billion passenger trips would take place around the world this year. However, due to the pandemic, this number is now expected to be just 1.8 billion－equaling the level seen in 2003, according to the International Air Transport Association.

Behind the US and China, Germany solidifies third position with the fastest-growing brand value in top 50, up 28 percent to .1 trillion, while despite the uncertainty of Brexit, the UK's nation brand has recorded a solid 20 percent growth year on year to .8 trillion, replacing Japan in fourth place.