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The People's Bank of China is starting a pilot program of financial comprehensive statistics, aimed at building a unified and open information system.

The Quest test is the first COVID-19 diagnostic test to be authorized for use with pooled samples.

The People's Bank of China, the central bank, has cut the reserve requirement ratio three times since the beginning of the year. It also lowered the one-year medium-term lending facility rate and re-lending and rediscount rates several times, in addition to establishing new mechanisms for monetary policy instruments to directly stimulate the real economy－the part of the economy that produces actual goods and services.

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The People's Liberation Army Navy aircraft carrier CNS Liaoning and its battle group will make their first visit to Hong Kong amid celebrations marking the 20th anniversary of the special administrative region's return to the motherland, a Defense Ministry spokesman said.

The Port of Shanghai has also announced plans to join hands with the Port of Ningbo-Zhoushan, the world's largest port by cargo turnover, for development, operation and management of the north side of Xiao Yangshan port area, which can significantly raise the efficiency of the whole Yangtze River cargo transit and lower costs at the same time, according to an agreement signed between Shanghai International Port Group and Zhejiang Seaport Investment and Operation Group earlier this year.

The People's Bank of China, the central bank, has made and delivered the FinTech Development Plan (2019-2021), which listed the key development targets and tasks for fintech in the next three years, according to a statement on its website.

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The People's Liberation Army Hong Kong Garrison has been well-trained, disciplined and civilized during its 20 years in Hong Kong, playing a positive role in safeguarding the city's stability, said Lieutenant General Tan Benhong, the garrison commander.

The RRR cuts have led to the contraction of the balance sheet of the PBOC, but this will not cause the tightening of money supply and is contrary to the balance sheet reduction of the central banks of the developed economies such as the US Federal Reserve to reduce the bond holdings, the PBOC said.

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The S&P 500 and Nasdaq respectively gained 2.72 percent and 3.26 percent.

The Proms festival has been an annual celebration of classical music held during the summer. Founded in 1895, the concerts and events are now organized and broadcast by the BBC.