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The G20 finance ministers and central bank governors are now developing the Action Plan in Response to COVID-19 based on the agreement made during the summit. The G20 countries are injecting over trillion into the global economy as part of targeted economic measures to counteract the impact of the virus outbreak.

The Fujian branch of the Export-Import Bank of China set up a 10 billion yuan (.43 billion) special fund for lending at low interest rate earlier this year, to support manufacturing companies, in particular leading exporters, in Fuzhou to ease their financing pressures. Under its policy, the loan term should not exceed six months, and guarantee exemption can be adopted for the enterprises that meet the normal operational conditions.

The Hong Kong Garrison of the Chinese People's Liberation Army has vowed firm support for the Law on Safeguarding National Security in the Hong Kong Special Administrative Region. The garrison will resolutely carry out decisions by the central authorities, fully implement the "one country, two systems" principle and perform defense duties in accordance with the law.

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The Female Intellectual Federation of the Tibet Autonomous Region, the first spontaneously organized association by Tibetan female intellectuals of varied ethnic groups, was established in Lhasa on Sunday, Xinhua reported.

The Fed said the US labor market has "continued to strengthen" and economic activity has been "rising at a strong rate", with household spending and business fixed investment growing "strongly".

The Hong Kong-listed company has shed nearly 40 percent in market value so far this year. It registered a decline for the ninth consecutive day on Wednesday by closing at HK6.4 (.5). While it jumped to be one of the top five companies in the world in terms of market value at the beginning of this year, along with Apple Inc and Microsoft Corp, it has now been squeezed out of the top 10 list.

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The Guangzhou-based automaker partnered with Tencent last September and unveiled its iSPACE electric concept car equipped with Tencent's AI in-Car system, which it says allows drivers to better interact with their vehicles.

The FOCAC summit in Beijing is themed as win-win cooperation and joining hands to build a closer community with a shared future for China and Africa.

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The German manufacturer also hopes to form a joint venture just for new energy vehicles with Anhui Jianghuai Automobile Group, and the first cars are to roll out in 2018, said Jochem Heizmann, president and CEO of Volkswagen Group China.

The Fourth Meeting of the Executive Policy Council of the Seventh WPK Central Committee discussed the issue of setting up a new department within the Central Committee and the ways to improve the party's personnel affairs system, the Korean Central News Agency (KCNA) reported. It did not give further details about the new department.