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"Foreign financial institutions, especially those in the US and the UK, will be quite interested in facilitating direct investment (in China). What we see at some of our large banking and capital markets clients is that this is the part where they have the most experience at providing and enabling so that becomes a more attractive part of the market than large corporate lending, which will be competitive with long-standing relationships, particularly among the State-owned banks and the SOEs," he said.

"Following the COVID-19 outbreak, financial conditions tightened at unprecedented speed, exposing some 'cracks' in global financial markets," the IMF said in its newly-released Global Financial Stability Report, noting market volatility spiked, borrowing costs surged and signs of strain emerged in major funding markets.

"Harbin has a long history of sending medical personnel to Mauritania," said Wang. "I feel quite honored as a member of the 32nd batch and it would be a big plus in my career."

"Guangzhou, as a national central city in the country, has now mapped out its ambitions for the development of its digital and intelligent economy and will introduce more preferential policies to help achieve the goal," Zhang said at a press conference in this southern metropolis on Wednesday.

"For the most part, there is no change in the trend of decline (in new infection cases)," Nishimura said at a press conference.