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Li Baofang, general manager of Moutai Group, said the company hopes to forge a new growth area, and make finance the second-largest backbone business of the company. By 2020, the finance operation will account for 15 percent of the total revenues of Moutai Group, Li said.

Li Chao, chief economist with Zheshang Securities, said that stabilizing macro leverage ratio, or the debt-to-GDP ratio, will be the top focus for China's monetary policy in the coming months. That will partially rely on the slowing credit growth and total social financing next year.

Li Chao, CSRC vice chairman, said the new board will have strict IPO standards and certain procedures and will not be flooded by listed firms.

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Li Yinuo (second from left), co-founder of ETU Education, and Elvis Tan (third from left), director of BISS, together with colleagues, shake hands at the signing ceremony. [Photo provided to China Daily]

Li Chun used to buy counterfeit banknotes online. After failing to get in touch with the sellers, he got the idea of making counterfeit banknotes on his own and told his son his plans.?

Lenovo is among a growing number of Chinese manufacturers that have resumed operations. As markets worry that China-made products may not be able to meet global demand amid the coronavirus outbreak, the central authorities and domestic companies are stepping up efforts to ease such concerns.

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Leveraging the advantages of the "two systems" and safeguarding the country's sovereignty, security and development interests on the basis of the "one country" principle will bring an even brighter future for the two regions, they said.

Li Yirong, an official with the provincial narcotics control office, said narcotics control and poverty alleviation are common problems faced around the world, and that China's practices might help other countries.

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Li Lei contributed to this story.

Leon Wang, executive vice president, international and China President at AstraZeneca, said: "Roxadustat's approval in China demonstrated the determination of the Chinese government in accelerating the supply of urgently needed new drugs to Chinese patients and supporting pharmaceutical innovation.