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China's AI industry has ushered in a new age of development as the technology matures and demonstrates real-world applications, said experts at the AI forum held at WIC.

China will further facilitate the investments of foreign-funded institutions in the interbank bond market, according to a statement issued by the office.

China's Foreign Ministry spokesman Geng Shuang has reiterated that the origin of the virus should be determined by scientists and experts, and cannot be politicized.

China's GDP registered a 6.9 percent year on year increase in the first quarter thanks to warming trade and robust consumption, which prompted a number of financial institutions, including the International Monetary Fund, to upgrade their forecast.

China's central bank is pushing forward interest rate reform, targeting further liberalization of lending rates and letting the market decide funding prices, according to central bank officials.