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As the markets may need a lot of funding when they re-open, "the PBOC will use monetary policy tools, such as open market operations, to inject sufficient liquidity in time, to maintain reasonably ample liquidity in the banking system," the statement said.

As well as supporting Asian customers, Novelis hopes the new center will help sway Chinese manufacturers to adopt aluminum into their automobile manufacturing process, arguing it offers less weight, better fuel consumption, and lower emissions.

As the nation navigates its way beyond COVID-19 at the annual two sessions, China has the opportunity to accelerate the world's response to climate change after the pandemic, according to a leading environmental economist.

As the most important economic cooperation mechanism in the region, APEC has taken the lead in regional cooperation by promoting regional economic integration, exploring new cooperation areas and expanding development potentials, said Li.

As protesters paralyzed traffic in Hong Kong on Monday, local residents were visibly irked by the protesters' move to bring the city to a standstill and called them "rioters."