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Chinese drone maker DJI said on Monday the new rule won't affect its business. Instead, it can be a boon for the Shenzhen-based company, as DJI has self-developed aerial survey software called DJI Map. This software provides autonomous route planning and supports aerial photography, the company added.

Chinese green bonds represent 2 percent of the total issuance of bonds in the domestic market, which is substantially higher than the 0.2 percent share in the global market, the report said.

Chinese listed banks have continued use fintech to drive the transformation of the branches and operational reforms. In 2016, the total number of branches in large commercial banks declined for the first time, it found, while the proportion of smart branches increased further.

Chinese authorities have urged foreigners in China to obey Chinese laws and regulations to prevent and control COVID-19 as several cases involving foreigners have recently raised concerns.

Chinese economy has transitioned from a phase of rapid growth to a stage of high-quality development, said Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, warning that old ways of thinking might lead China almost nowhere and miss precious opportunities.