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The GSOMIA had been automatically renewed each year in August. If either party wants to scrap the pact, the party will be required to notify the other of its intention 90 days ahead. This year's notification deadline falls on Saturday.

The Hong Kong University Education Alumni Association said in a statement the law will protect the majority of Hong Kong people, who abide by the law, and will reinforce Hong Kong's core competitiveness as an international financial and business hub.

The German Chamber of Commerce in China recently did a survey of German corporations that confirmed the same - two thirds of those surveyed planned to further invest here in the next two years. Just in the past few months, we've seen several big examples of German corporate investment into China, in the auto sector and in general industries as well. We are right there beside our European clients supporting them with this inward investment. At the same time, we are increasingly seeing that China's most important companies and investors cannot rely solely on the North American market for capital linkages or investment. We are seeing increased dialogue outbound from China into Europe as well, and of course we are very well placed here to support these moves.

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The Hospital Authority, in charge of all public hospitals, said Tuesday morning that a large number of medical personnel remained absent from duty and called on patients with minor symptoms to seek out doctors with private practices.

The GAC supports the increase of agricultural products and food imports. It will accelerate the evaluating process of agricultural products and food, and shorten the length of quarantine approval. They also will establish green channels for farm products and foodstuff imports at key ports, and provide 24-hour advance clearance service.

The Finance Committee of the Legislative Council of the HKSAR will meet next Monday and discuss the funding application, according to Cheung.

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The IMF claimed that banks often compensate investors for losses on financial products to preserve their reputations. It said the Chinese government has repeatedly intervened to stabilize financial markets and investors have come to believe that state-owned enterprises will be bailed out if they get into trouble.

The Foreign Ministry described the talks as “candid and constructive”, and said the two sides agreed that cooperation, rather than confrontation, should be the way forward to solving their economic and trade frictions in order to maintain a healthy development of the relationship.

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The German carmaker revealed four new SUVs that have been tailor made for the Chinese market, including the flagship All New Touareg which made its global debut at the event held on March 23.

The Gulf Arab state UAE, a major oil supplier, is one of China's most important trading partners. Since the establishment of diplomatic relations over 30 years ago, China-UAE bilateral trade has grown from million in 1984 to .8 billion in 2014 and is estimated to reach billion by the end of 2016, according to UAE official data.