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At its executive meeting, the State Council also vowed to crack down on fees illegally levied by bank branches and to establish a mechanism that accepts reports on violations, conducts random checks and punishes wrongdoers.

At a news conference during the 19th CPC National Congress, Sun said: "China's soft power has substantially increased since the 18th CPC National Congress in 2012, making vital contribution to the promotion of the causes of the Party and the nation.

Ashok Kantha, who was Gokhale's predecessor at the Institute for Chinese Studies, told The Hindu that Gokhale "has an outstanding proven track record in dealing with the neighborhood".

At a virtual town hall meeting hosted by Fox News on Tuesday, Trump restated his desire to push companies to reopen in a few weeks to reinvigorate the stalled economy.

At a hearing before the House Committee on Financial Services, US Treasury Secretary Steven Mnuchin said in his testimony that the administration continues to try to work with Congress and is ready to reach a bipartisan COVID-19 relief agreement, noting that a "targeted" package is still needed.