Overseas investment of insurance funds must follow the rules set by the CIRC, the central bank and the foreign exchange regulator, Jia said.
Out of every 10,000 requests to return products last year, 1.49 were initiated as consumers suspected the goods were counterfeit, compared with 2.1 in the previous year, according to the 2017 Alibaba Intellectual Property Protection Annual Report.
Over 36 percent of these fake official accounts involve fraudulent content, while 25 percent of them pretend to offer high investment earnings.
Over the long term, Southeast Asia and China can fortify their supply chains by capitalizing on the trade links fostered by the Belt and Road Initiative, said Siriwan Chutikamoltham, a senior lecturer at the Nanyang Business School in Nanyang Technological University in Singapore.
Outside China, the virus has also infected 683 people in 25 countries, with three deaths reported, according to the World Health Organization.
Ouyang Shijia contributed to this story.
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Overseas students in China practice reciting traditional Chinese poems in Hangzhou, capital of Zhejiang province, Feb 2, 2018. [Photo/IC]
Over 120 cultural relics from nearly 30 museums and cultural institutions from China and abroad are on display, including silk products, gold and silverware and Buddha statues.
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