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In spite of his confidence in effectively controlling credit risk in the banking sector when China's economic growth has stabilized and improved, Xiao said the banking regulator is still concerned about the outlook for credit risk in 2018 due to several unfavorable factors.

In the 2018-2019 winter season, China's ice and snow tourists totaled 224 million, with a tourism revenue of 386 billion yuan, up 13.7 percent and 17.1 percent from the 2017-2018 winter season, respectively, the agency said at a forum held in Harbin, capital of Northeast China's Heilongjiang province, Sunday.

In response to a memorandum signed by US President Donald Trump to direct the US Trade Representative to examine China's intellectual property practices, a spokesperson with the Ministry of Commerce said earlier this week that China has always paid great attention to IPR protection, by improving legislation and intensifying administrative and judicial protection.

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In recent years, a growing number of Chinese banks issued green bonds overseas as the country is progressing toward an environment-friendly economy. Bank of China Ltd, another large State-owned commercial lender, has issued green bonds in the overseas market six times since July 2016 with a total value of more than billion.

In separate comments, the office of the public prosecutor deemed Ghosn's flight a "crime" and said the tycoon had "knowingly flouted" the country's judicial procedures.

In the 13th Five-Year Plan (2016-20), talent became an important focus for the government.

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In return for information, he has sent people the findings of his studies about the origin of their surname, helping people to learn more about their ancestry.

In recent weeks, the country's regulators signaled that they would fast-track new listings by "unicorn companies" -- startups valued at more than billion -- to "invigorate the country's capital market and foster the new economy."

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In terms of market access, China could take more bold actions to further open up, Zhou added.

In response to rising xenophobia aimed at the Chinese American and Chinese communities over the spread of COVID-19, the Jewish Council for Public Affairs (JCPA) organized a letter of solidarity from the Jewish community on Feb 21.