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The Awards have been designed to further boost the literary and art translations in Shanghai, create a new platform for cultural exchange and mutual understanding between China and other countries, according to the opening announcement.

The COVID-19 epidemic is expediting the digitalization of the traditional exhibition industry, with smooth virtual meetings, messaging and livestreaming becoming imperative to connect exhibitors and buyers in many trade fairs.

The BRI will provide a strong impetus for global economic growth and prosperity, he added.

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The CPI in urban areas increased 1.5 percent, while that in the countryside ticked up 1.4 percent.

The CSAT, which started at 8:40 am local time, would run through 5:40 pm at 1,180 test sites nationwide, according to the education ministry.

The Belt and Road Initiative aims to build trade and infrastructure networks connecting Asia with Europe and Africa based on ancient land and maritime trade routes, with the CEE as a critical link. It has been considered China's way to promote mutual development in the world.

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The CBIRC's Guangdong office has been promoting cooperation between banks and insurers on offering financing to exporters based on export credit insurance, which has become an important measure to stabilize foreign trade. At the end of April, the outstanding balance of export credit insurance policy-based financing in the province rose by 62 percent from the beginning of the year, Pei said.

The Bay Area has aroused the interest of many Japanese companies, including Line Corp, an emerging technology company. Line Executive Officer Shinichiro Murayama said the Bay Area is "full of resources" and has a strong business model, technology and talent.

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The CPC has proved its ability to continue the reform and opening-up launched four decades ago and carry out effective governance. It has also put forward the guiding ideology and major principles behind comprehensively deepening reform and setting up a road map defining its strategic focus, priorities, mechanisms and time frame for achieving the objectives.

The BRICS countries - Brazil, Russia, India, China and South Africa - signed an agreement in July 2014 to set up the NDB. The bank went into full operation in February 2016. The initial capital comes at billion, with each member country holding a 20 percent share in the bank.