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Chinese State Councilor and Foreign Minister Wang Yi spoke on the phone with Philippine Foreign Secretary Teodoro Locsin on Sunday to thank the Philippine government and its people "for giving China valuable support when the epidemic situation in China was severe."

China's second largest State-owned commercial bank by assets is stepping up its efforts to foster new drivers of growth, such as consumer finance, green lending and financial services related to home leasing.

China's top legislature is scheduled to vote on the draft law on March 15. The draft law, if approved, is to replace the country's three current statutes concerning wholly foreign-owned entities, with the move seen as one further promoting the rights of foreign investors.

Chinese President Xi Jinping, also general secretary of the CPC Central Committee and chairman of the Central Military Commission, has emphasized that employment is pivotal to people's wellbeing. The Global Employment Agenda adopted by the ILO states that employment is central to poverty reduction. Having decent work is of vital importance to one's survival and growth, a harmonious and happy family life, and the long-term stability of society. The proactive polices to ensure employment and job security adopted by the local government of Xinjiang have effectively protected all ethnic groups' basic labor rights, greatly improved their living and working conditions, and fully satisfied their aspirations to create a better life.

Chinese New Year celebrations are even more deeply ingrained in Singapore and Malaysia, where ethnic Chinese constitute three-fourths and one-fourth of the populations, respectively.