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As a leader in the IC industry, Shanghai has long regarded the high-tech sector as a pillar industry and given it strong support, he said.

As a gold standard recognized worldwide, the CFA Program could facilitate China's financial opening-up, Forfang added. "As China is opening up and becoming more of an international financial marketplace, I think the need for professionals who are connected to the larger world is huge."

As a result, the novel coronavirus detection reagent developed by Liferiver was among the first batch certified by the country as well as the World Health Organization, ensuring the supply of such test kits to the front lines of pandemic prevention and control.

As both countries are permanent members of the United Nations Security Council, France will continue to strengthen cooperation with China within the UN on major challenges arising from climate change and counterterrorism to promote sustainable growth, Ripert said.

As a part of the action plan, ADB will launch the Oceans Financing Initiative to create opportunities for the private sector to invest in bankable projects that will help improve ocean health. The initiative will provide technical assistance grants and funding from ADB and other donors to reduce the technical and financial risks of projects. This will be done through instruments such as credit risk guarantees and capital market "blue bonds".