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Chinese official bilateral creditors have fully implemented applications of debt relief required by the G20 initiative, Liu said after he participated in the meeting with other G20 finance ministers and central bank governors.

Chinese courts have demanded increased efforts in hearing criminal cases where people disturbed prevention of the novel coronavirus by hiding their health condition and traveling, in a bid to keep the outbreak control in order, China's top court said on Wednesday.

Chinese banks will no longer be the financial source for domestic companies to buy sports clubs, hotels, entertainment and real estate businesses abroad－as the country reforms its outbound direct investment policy to ward off risks－according to analysts.

Chinese customers bought 2 million premium cars last year and Pan, executive director of Jaguar Land Rover China, expects the country to surpass the United States to become the world's largest premium car market by 2025. The country is already the largest market for new energy vehicles.

Chinese authorities have repeatedly emphasized the importance of shifting from traditional economic growth engines to new ones.