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China has more than 4,000 small and medium-sized banks, with total assets of about 77 trillion yuan. These banks have limitations in management capacity, and their targeted clients are usually micro, small and medium-sized enterprises. During the novel coronavirus outbreak this year, small and medium-sized banks were noticeably affected by the pandemic, said Cao Yu, vice-chairman of the China Banking and Insurance Regulatory Commission, at a news conference on April 22.

China first introduced the registration-based system on Shanghai's sci-tech innovation board, or the STAR Market, in July last year.

China has become the top source of tourists flying into Los Angeles. Last year, more than 1 million Chinese travelers visited the city, meaning more than one third of Chinese who went to the United States will stop at Los Angeles.

China has already achieved success in helping Sudan improve its cotton farming. In Al-Faw in Al Qadarif state, 260 km southeast of Khartoum, a China-funded modern cotton research center, the China Aid Agricultural Technology Demonstration Center, has successfully introduced a new type of quality cotton seeds from China.

China has been promoting the development of intelligent and connected vehicles through favorable policies, and testing zones have been set up in a growing list of cities including Beijing, Shanghai, Hangzhou and Chongqing.