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As the Chinese economy adjusts to a "new normal", international financial institutions are facing a series of external challenges－from economic restructuring to low interest margins and digitization. On the other hand, these trends also present opportunities to the entire banking industry, Lam said.

As the host country, China attached great importance to the meeting and did a great deal of preparation in the hope of making it a success, Geng said.

As the picture gained likes online, netizens called it "the warmest scene during the epidemic" they had seen.

As the outbreak waned, Hong Kong has started to cautiously and gradually relax social distancing measures. Starting Friday, more entertainment venues will reopen, including bars, karaoke lounges and amusement parks, and restrictions over restaurants will also be eased.

As the pandemic forced national lockdowns and dampened trade, worries about a more inward and less open world have emerged. Still, experts see positive signs in China's stance against protectionism and efforts to deepen opening-up.