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China's critical battle against pollution relies not only on rule of law, but also on rule of virtue, Zhou Jianping, a member of the 13th National Committee of Chinese People's Political Consultative Conference said on Tuesday in Beijing.

China's largest A-share listed automaker, SAIC Motor not only continued its overseas expansion amid the pandemic but posted a 17.3 percent growth in overseas sales of its own brand vehicles in the first six months this year.

China's foreign trade has been impacted by the ongoing epidemic and the country's imports and exports totaled 4.12 trillion yuan (0 billion) in the first two months of this year, down by 9.6 percent year-on-year, according to statistics from the General Administration of Customs.

China's decision to merge banking and insurance regulators underscores policymakers' intention to address a financial regulatory vacuum and enhance supervision through a more unified approach, financial experts said on Wednesday.

China's macroeconomic policy in the second half of the year still has room to be strengthened, especially with regard to fiscal and monetary policy. There is plenty of discussion on this issue. For example, in terms of monetary policy, the RRR is about 9 percent to 10 percent, which is higher than that in many major economies. Some countries have even abandoned such an indicator. The RRR in China was once as low as around 6 percent, so there is still a lot of room to reduce the ratio.