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As of the end of 2017, there were 1,013 units of overseas banks in China, increasing at an average annual growth rate of 13 percent over the last 15 years. Their total assets grew more than tenfold from 2001 to 3.2 trillion yuan (1 billion), according to the China Banking Association.

As one of the key measures to achieve the high-quality economic development and reform goals, it urged efforts to strengthen overall supervision and control over key financial infrastructure and promote the formation of a well-organized, effective, advanced, reliable and flexible financial infrastructure system, the statement said.

As part of its cooperation with countries in the region to fight COVID-19, China has shipped millions of dollars worth of medical equipment such as ventilators, personal protection equipment and supplies as well as expertise.

As of Thursday, the country saw more than 210,000 newly registered AI-related enterprises this year, surging by 45.27 percent year on year, according to data from database query platform Tianyancha.com.

As of June, the company had a record high share of 15.8 percent of the global smartphone market, with Apple accounting for 12.1 percent, according to market research company International Data Corp.