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Apart from selling products in physical stores and on e-commerce platforms, the local governments from the five areas will also hold livestreaming shows to promote their agricultural products to Shanghai consumers.

Apart from losing their jobs, these workers are also among the most likely to get infected, given their large representation in the services and healthcare industries. The department said that as of Aug 9, more than 9,000 Filipinos living overseas had been infected by the novel coronavirus.

Apart from reopening local snack markets and travel routes, new measures have been taken to stimulate consumption at night in Kaifeng, Central China's Henan province.

Ant Financial Services Group, a financial technology unicorn run by Jack Ma, teams up with Philippine telecommunication giant Globe Telecom to offer real-time cross-border remittance services for individuals and small and medium-sized enterprises (SMEs) in Hong Kong and the Philippines, in a sign of its determination to make inclusive finance a reality for ordinary people along the Belt and Road route and the world over.

Another outlier would put an end to the nine-year-long bull market in the United States. The price-earning ratio of the US stock market is reaching historic highs, and some analysts worry that a downturn in the market could be sharp and long-lasting.