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As one of China's economic powerhouses, Guangdong recorded a 6.8 percent GDP growth to reach 9.73 trillion yuan last year. The province set a target of 6 to 6.5 percent economic growth this year.

As of the end of February, the QFII quota stood at 1.45 billion, up from 1.35 billion a month ago, according to the State Administration of Foreign Exchange.

As investment flows into infrastructure and digital interconnectivity, the BRI addresses development bottlenecks while respecting other nations' legal frameworks, he said.

As of Sept 3, overseas investors held a total of 2.01 trillion yuan worth of A shares via the stock connect program between the Chinese mainland and Hong Kong, taking up 3.28 percent of the A-share market's total value, Fang said. Their position would be as high as 4.69 percent if their investment via qualified foreign institutional investor and qualified domestic institutional investor mechanisms were counted.

As many as 6.4 million doses of a coronavirus vaccine may be shipped on the first day after the after the Food and Drug Administration authorizes it, Health and Human Services Secretary Alex Azar said Tuesday.