The country is now Herbalife's third-largest market, after the United States and Mexico.
The country also announced a pilot program on March 30 to support innovative companies' domestic listings and issuance of Chinese Depositary Receipts or CDRs, a form of equity that will allow Chinese investors to gain exposure to foreign-listed shares.
The confidence index stood at 48.9 in May, down three percent month-on-month, compared with an 8 percent drop in April, according to China Securities Investor Protection Fund Corp.
The contract for settlement in March 2021 closed 0.09 percent lower at 98 yuan. The contract for settlement in June 2021 closed 0.17 percent lower at 97.60 yuan.
The conference is being held under the theme, "Connecting Africa through Trade and E-commerce".
The country unveiled new incentives to galvanize sales of new energy vehicles Tuesday as part of efforts to stabilize domestic consumption.
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The country has been held up as a global model in how to curb the virus and has rushed to contain new infections as life returns to normal.
The coronavirus has ravaged the global economy as many nations went into strict lockdowns to curb the outbreak that has so far killed over 310,000 people worldwide. The pandemic has been massively disruptive on supply chains and businesses, particularly in trade-reliant nations such as Japan.
The country pledged to make targeted efforts to support exporters in selling their goods in the domestic market and to expand imports to promote quality development of foreign trade, said Zhang of MOC.
The country will also tailor investment to firm up public health services, vocational education, municipal utilities, and the renovation of old urban residential areas, he said.