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As the off-counter transaction rate of Chinese banks has exceeded 90 percent and financial services are highly dependent on the internet, cybersecurity needs to be highlighted, said Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC).

As the country has been promoting supply-side reforms, speeding up mergers and acquisitions and trimming excess capacity for the healthy development of the Chinese steel industry, the country's top steel-maker China Baowu Steel Group said on Aug 22 it would take a controlling stake in Shanxi-based stainless steel giant Taiyuan Iron & Steel (Group) Co, to facilitate the giant's goal of producing 100 million metric tons of steel every year.

As some countries continue to grapple with the novel coronavirus and with fears of a second wave, Mitter believes a variety of economic factors, ranging from travel to supply chains, will have to be managed more carefully.

As with the Chinese community in the UK, so it was with their peers in Spain. Du Tong, president of an association of Chinese students and researchers in Barcelona, said that the association's members and volunteers had been busy dealing with donations and providing assistance to China from January to early March. When the pandemic reached Spain, they turned their attention to supporting the Chinese students and medical institutions in the country.

As the company will try to consolidate its position in China, it will explore opportunities to tap into overseas markets as well.