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China will immediately ban the opening of new primary mercury mines, and will ban further mining at all existing primary mercury mines starting in 2032, according to a public notice released on Tuesday by 17 central government ministries and bureaus, including the Ministry of Environmental Protection.

China will expedite new infrastructure development, including information networks, in an effort to boost industrial growth and upgrade consumption. The decision was made on Tuesday at the State Council's executive meeting chaired by Premier Li Keqiang.

China's Ministry of Industry and Information Technology is working on a draft document on autonomous driving, which is part of China's efforts to promote the cutting-edge technology, according to a source close to the matter.

China's central bank released results of an all-around systemic financial risk exam, including the latest stress test of the banking sector and the first-ever rating of more than 4,000 financial institutions.

China's ICBC operates a 0 million startup investment fund in India, while Bank of China received Indian regulatory approval for its retail banking services last week. Given that Bank of China is expanding its India footprint, SBI, which is Indian's pre-eminent "financial conglomerate", will explore potential joint ventures with Chinese entities, he said.