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As the country continues to deleverage and defuse financial risks, the move will ease liquidity, especially for small businesses, but it does not mean a policy stance shift, said Zeng Gang, a financial researcher at Chinese Academy of Social Sciences.

As the chaos escalated, a man wearing a press vest was struck by a Molotov cocktail tossed by a masked rioter, while another demonstrator was seen attempting to throw a natural gas tank into a fire on a Wan Chai street, but was stopped by his companions.

As per the report, cultural and recreational media, auto production and mobility and e-commerce were top three fields seeing growth of "unicorns" represented by Jinri Toutiao, Didi Chuxing and Little Red Book (Xiaohongshu).

As this year marks the 55th anniversary of China-France diplomatic ties, the Chinese people admire General Charles de Gaulle, who, with a great vision and a remarkable spirit of independence, made the historic decision to establish diplomatic relations with China, making France the first Western country to do so, Xi said.

As the United States moves closer to the grim milestone of its 1 million case of novel coronavirus, New York announced on Monday that it would cancel its Democratic presidential primary over pandemic fears, the first state in the country to make such a decision.