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In one case, Tian Jing, head of the literary federation in Youyang county in Chongqing, was given a warning for holding an extravagant wedding for his daughter and accepting 13,800 yuan (about ,000) in cash as gifts.

In its prospectus, Nio said during the first six months of 2018 its revenue totaled 45.99 million yuan (.68 million), among which revenue from auto sales stood at 44.39 million yuan.

In part, stocks – a bet on future growth – have bounced back because the Federal Reserve has provided unprecedented support for the economy. On Thursday, the nation's central bank said it would provide .3 trillion in lending as it expanded efforts to held small and midsize enterprises as well as cities and states. The Fed also said it would expand corporate lending programs.

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In neighboring South Korea, there were more than 300 new cases of the virus for the fifth straight day on Sunday, as officials warned that stricter rules could be imposed if the trend continues to threaten highly populated Seoul and surrounding areas.

In one case, a woman was introduced to a broker who asked the woman to lend him 1.9 million yuan (3,000) by pledging her house to a third party for three months. In return, the broker promised to give the woman 5 percent monthly interest.

In late-April, China Daily's China Watch think tank released a report on China's practices in the fight against COVID-19 that summarized the prevention and control measures taken by the country.

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In his response, Putin said Russia-China relations in 2017 achieved new progress, as the volume of two-way trade has seen substantial increases and exchanges in areas of technology, culture and people-to-people exchanges have been vigorous.

In particular, the country should pursue a coordinated development of direct and indirect financing, improving market-based interest rate formation and transmission.

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In his speech, Thai Deputy Prime Minister Somkid spoke highly of Huawei's contribution to the kingdom's digital transformation in the past three years.

In particular, it is necessary to increase research on financing innovation policies amid high debt.