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The Belt and Road Initiative has allowed Xinjiang to tap its potential and better connect with the international community, Predrag said.

The BRI has proved to be a strong force linking people and economies through cross-border solutions and supporting many regions to achieve social prosperity, he said.

The Bond Connect is the fourth key measure the central government has taken in recent years to liberalize the country's capital markets, and is seen as an important first step in promoting internationalization of the yuan. It follows the launches of the Shanghai-Hong Kong Stock Connect in November 2014, the Mainland-Hong Kong Mutual Recognition of Funds Scheme in mid-2015 and the Shenzhen-Hong Kong Stock Connect late last year.

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The BIS report said this highlights the delicate balance central banks must strike: moving too slowly in the monetary policy normalization process could give rise to overheating and financial stability risks. On the other hand, moving too fast could trigger disruptive market reactions and harm economic recovery, not least as global debt levels relative to GDP have continued to increase and financial market valuations appear stretched.

The CCPIT, China's largest trade and investment promotion agency, is willing to conduct more exchanges with relevant Kuwaiti agencies with an aim to build a platform for companies from the two sides to enhance their cooperation, Jiang said.

The COVID-19 pandemic hitting every state in the United States is forcing schools in big cities to stop in-person classes and revert to remote learning.

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The CCTV report also reported the illegal sale of oxytetracycline powder－a broad-spectrum antibiotic that is active against a wide variety of bacteria－whose poisonous content may threaten food safety.

The CEO Dialogue is the leading platform for leaders from the business community in both countries – supported by both governments – to discuss economic and commercial policy issues in US-China relations, including trade, two-way investment, infrastructure development, innovation policy, and cybersecurity.

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The CBRC issued another set of regulations in August 2016 to further oversee online lending activities, saying local financial regulatory departments have the power to assess and classify the online lending information intermediaries. Such lenders must apply for appropriate business license before providing their services, it said.

The Beijing horticultural expo will be held from April to October this year, in Yanqing district.