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Given that China has adopted the dual circulation development pattern and how world economic growth is facing more uncertainties due to the COVID-19 epidemic, Shanghai should further open up and seek new development paths, said government officials and top executives at the 32nd International Business Leaders' Advisory Council (IBLAC) for the Mayor of Shanghai.

Geng made the comments when asked about Beijing's hopes for the UN Security Council ministerial meeting on the Korean Peninsula nuclear issue.

Gary Millar, vice-mayor of Liverpool, said the strong link between the two cities is characterized by trade, partnership, friendship and teamwork. Liverpool City Council will officially organize a delegation of local businesses to attend the China International Import Expo.

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German biotechnology company BioNTech SE and Shanghai Fosun Pharmaceutical (Group) Co Ltd jointly announced on Wednesday that their lead mRND COVID-19 vaccine candidate BNT162b2 will be evaluated in a phase 2 clinical trial.

Global index compiler MSCI Inc has announced that it will increase the weighting of China's A shares in its benchmarks this year. The move is seen as the latest progress in the country's accelerated capital market opening-up.

Gesang spent 10 years working with Russell's team. In 2008 the New Zealander moved his operations to the south slope on the Nepalese side.

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Global economic recovery, he stressed, will be achieved through both investments in priority sectors and the revival of domestic consumption and trade.

Global index compiler MSCI Inc told China Daily it will "continue to monitor and provide further communication on the eligibility of the STAR Market prior to the November 2019 Semi-Annual Index Review".

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Giant panda Yuanyuan [File Photo/CCTV]

Given the improvement in China's business environment, sound and complete industrial supporting capabilities, a market of 1.4 billion people and new opening-up and reform measures to be introduced in the second half, Zhong said he believes smart foreign businesses will not turn away from China's huge market.