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"Further opening up the banking and insurance sectors is not only essential for the development of Chinese economy and finance but also is conducive to enriching market entities and stimulate market vitality," Guo said.

"Have been seeing visuals from West Bengal on the devastation caused by cyclone Amphan. In this challenging hour, the entire nation stands in solidarity with West Bengal. Praying for the well-being of the people of the state. Efforts are on to ensure normalcy," Modi said in a brief statement posted on social media.

"Global collaboration on research is critical if we are going to solve the world's greatest challenges," a spokesperson for the University of Sydney said while commenting on a report by the Australia-China Relations Institute.

"Foreign markets now play a critical role in our overall development plan. They are envisioned as an important growth engine," said Chen Yuhong, chairman and CEO."Since we see huge rising demand from our overseas clients and partners, we are confident that it will grow to make up a bigger percentage of our revenue in the coming years," he said.

"Given the improving corporate earnings and the upcoming inclusion of A-shares into the MSCI Emerging Markets Index, we believe more capital will flow into China and will push the development of the onshore market," said a spokesperson of Schroders Plc.