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On July 7, at a conference held by the State Administration of Science, Technology and Industry for National Defense, China's 41 defense research institutes announced they have begun the process of becoming companies or independent legal entities.

On Monday, the Customs Tariff Commission of the State Council announced that tariffs on some imports will be reduced starting Jan 1. Temporary tariff rates, which are set for a specified period, will be applied to 859 items. Designated items will enjoy import tariffs lower than the existing most-favored-nation rates in 2020.

On Monday, the head of the island's Penghu county visited Liu Jieyi, head of the Taiwan Affairs Office of the State Council, in Beijing, and they exchanged ideas on issues including the sale of Penghu agricultural products to the mainland and tourism.

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On Saturday, the tourism office of Macao held Macao Week in Beijing, promoting the region's food, culture and commerce to attract more tourists from the Chinese mainland.

On Saturday a health official said the country is at "a critical juncture" and faces a large nationwide outbreak that could surpass two earlier waves of infections if the current spread is not stemmed.

On Saturday, thousands of local Hong Kong residents voluntarily marched in protest against violence and in support of the police.

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On Monday, oil prices plunged amid fears of economic disruption caused by the coronavirus. The market was further roiled by a price war between Saudi Arabia and Russia that threatened to create a market glut and drive prices still lower.

On Friday, a Xinhua article said the media's work in the past year has generated positive energy that has motivated the public to work toward realizing the Chinese dream of the great rejuvenation of the nation. It added that the Chinese media's international communication skills should be honed so stories about China are told effectively.

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On May 17 last year, HKEX published a consultation paper on review of the ESG Reporting Guide and related listing rules. The key focus of the consultation is to support and improve issuers' governance and disclosure of ESG activities and metrics.

On Thursday, Samsung released its new mobile category - consumer-ready foldable smartphone – which aims to "write the next chapter in mobile innovation history by changing what's possible in a smartphone", the company said.