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Commercial banks in the country, which provide foreign exchange loans to the nonfinancial private sector, must evaluate the borrowers' foreign exchange risks and their hedging capabilities, according to an official of the State Administration of Foreign Exchange (SAFE), the country's foreign exchange regulator.

Coca-Cola is diversifying its product range in China by introducing more healthy and functional products. [Photo/IC]

Commenting on the solutions that can be replicated to intensify the regional and national modernization efforts, Xiong said that "it would also be conducive to the development of other countries and good for building a community with a shared future for mankind."

Compared with established ports up north in Europe such as Rotterdam, Antwerp or Hamburg, Italian ports could save around five days' sailing time for ships passing the Mediterranean, Duci said.

Companies should ensure dockworkers are wearing masks when loading and unloading imported cold-chain food cargo, especially from high-risk areas, Sun Wenjian, spokesman for the ministry, said at a news conference on Friday, adding that it is to protect frontline workers' safety.