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As to the "pick a side" reported earlier by Wall Street Journal, the source did not think the claim was correct, because if Ant sets a strict line for these big institutional investors to pick a side, they will not accept it. The source said Ant aims to maintain a good cooperation with investors.

As the most important economic cooperation mechanism in the region, APEC has taken the lead in regional cooperation by promoting regional economic integration, exploring new cooperation areas and expanding development potentials, said Li.

As the United States moves closer to the grim milestone of its 1 million case of novel coronavirus, New York announced on Monday that it would cancel its Democratic presidential primary over pandemic fears, the first state in the country to make such a decision.

As the pandemic continues to spread across the world, global  recovery will be a difficult and tortuous process. Rising protectionism and unilateralism have put the global governance system and multilateral institutions in jeopardy. Economic and social development at the regional and international levels face serious challenges.

As the majority of businesses resume in China, the two hardest-stricken industries - out-of-home dining and tourism, will witness huge rebounds when citizens' attitudes gradually turn positive but cautious.