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China's automobile market, which was hard-hit by the COVID-19 epidemic, started to recover in April, thanks to unleashed pent-up demand and encouraging policies, according to the China Association of Automobile Manufacturers.

China will open up its futures markets to the world, particularly foreign investors, to help the markets align with the national strategies for boosting the real economy, said a senior official from the country's top capital market regulator.

China's central State-owned enterprises are playing a significant role in nurturing local economies of the countries in which they have presence, a report said.

China would like to strengthen the Belt and Road Initiative's alignment with Mongolia's development strategies and accelerate a feasibility study of a free-trade zone, the premier said. Both countries should speed up cooperation in investment, manufacturing of agricultural and animal husbandry products, energy and minerals and cross-border transport, he said.

China's banking and insurance regulator issued guidelines on Monday that stipulate higher data governance requirements for banking institutions.