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As proof of the country's still prudent monetary policy stance, funds flowing into the real estate sector will be strictly controlled, the authorities said. Last year, governments at varying levels issued 570 real estate regulatory policies, the most in recent years.

As the COVID-19 epidemic wanes in China, Erenhot Port has seen an increasing number of China-Europe freight trains -- from fewer than two trains per day in March to about eight at present, said Zang Zhixian, who works at the China Railway Hohhot Group.

As the world is going through both health and economic crises from the COVID-19 pandemic, reducing economic interdependence or decoupling from the Chinese economy will impede global recovery, Armstrong cautioned in an analysis published in the East Asia Forum on Sunday.

As the first international bar association registered in China, Fu suggested its members focus on advancing strategic planning to help interpret policies, discuss long-term legal issues and facilitate cooperative plans and international rules.

As the company explained, most of their recruitment this year will take place in the operations departments such as brokerage and asset management. Online or phone interviews were taken during the coronavirus outbreak and nearly 10 positions had been filled by the beginning of April. By the end of this year, the company's headcount will reach 200, up from 120 at present.