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"China represents one of the largest opportunities for many of our clients and JP Morgan. It is a critical component of our growth plans, globally and in Asia. We have strong ambitions to strengthen our position in this very important market in order to better serve our clients and the local community."

"Currently, the overall operation of China's banking and insurance sectors remains stable, and financial risks faced by them are generally under control. Although risks are quite high for some banking and insurance institutions, they will not affect the stability of the entire industry, as there is only a small number of them," said Xiao Yuanqi, chief risk officer and spokesperson of the CBIRC.

"China's clean energy revolution is having a big impact on the countries and regions involved in the Belt and Road Initiative, and the development of photovoltaic technology has made clean energy no more a luxury but an affordable energy for many countries," he said.

"Clean hydrogen is a transformational fuel that can be used to power vehicles, generate heat and electricity, and as a chemical feedstock in major industrial applications."

"Compared with optical fiber and other means of traditional communication, the 5G technology features flexibility, low costs of construction and maintenance and scalability.