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"Globalization brings more challenges for domestic companies than before," he said.

"For 22 years, the PLA Hong Kong Garrison has been a staunch guardian of national sovereignty, security and the people's interests," he said, adding it has the capability and confidence to uphold the "one China, two systems" principle and contribute to Hong Kong's long-term prosperity and security.

"Generally speaking, the current interest rate level is appropriate in China," Yi Gang, the central bank governor, told Caixin Magazine in an interview published on Tuesday.

"Gold prices soared above ,000 per ounce in the second quarter, which to some extent has changed consumer behavior. Some people bought large-sized gold jewelry as an investment, while others went for lighter varieties whose prices are more affordable," Wang said.

"Foreign financial institutions, especially those in the US and the UK, will be quite interested in facilitating direct investment (in China). What we see at some of our large banking and capital markets clients is that this is the part where they have the most experience at providing and enabling so that becomes a more attractive part of the market than large corporate lending, which will be competitive with long-standing relationships, particularly among the State-owned banks and the SOEs," he said.