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As the global economy continues to encounter uncertainty and headwinds, government officials and business leaders from Asia vowed at a forum to further deepen cooperation and stay committed to pushing for common development.

As restructuring has mainly involved mergers within the SOE sector, the Institute of International Finance, a global association of around 500 major financial institutions, said it does not expect widespread failures or losses to be incurred in the new round of SOE reforms.

As the Shanghai Stock Exchange has planned, the bourse will hold two more review conferences for six companies on June 11 and 13.

As the first phase of the project, about 516 villages (70,078 households) in Kathar and Shwebo district will be provided electricity access, citing U Win Khine, union minister for electricity and energy at the ceremony.

As the epidemic is largely a regional and likely a short-term event in China, the resumption of production of Chinese companies abroad will not only boost the global economy, but also show the world that China's opening-up and the pace of outbound direct investment will not be derailed by the outbreak, said Ma Yu, a researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing.