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Compared with traditional ways of attracting foreign investment, digitalization has changed business operations in a number of ways, said Cai, noting as a global social network that connects individuals and companies around the world, LinkedIn is willing to help them navigate these difficult times by strengthening their communication and cooperation with others based on the information and connections on its platform.

Co-owned housing refers to homes that are developed or purchased by governments and sold to qualified residents at market prices.

Coal is loaded onto trucks at a coal mine warehouse in Huaibei, East China's Anhui province. [Photo by Hoo Mei/For China Daily]

Confronted with COVID-19, China and the Philippines and their people, have been standing with and supporting each other, which vividly illustrates the brotherly friendship between the two countries. Chinese people will never forget the latter's valuable support when China was hit hard by the pandemic. Likewise, when the Philippine people suffered, China spared no efforts in helping its neighbour, providing batches of urgently needed medical supplies, sharing information and experience, and dispatching medical experts. Believing that mankind is in a community with a shared future, China works closely with the Philippines to support the WHO in playing a leading role in fostering international solidarity against the virus and rallying the efforts to build a global community of health for all.

Commercial banks urged to set up financial asset investment units