China's draft financial law was deliberated on Tuesday at the ongoing session of the Standing Committee of the National People's Congress, the nation's top legislature, for its first reading, the Xinhua News Agency reported.

China has made phased headway in building a unified national market with a basic institutional framework already in place, according to a State Council report submitted on Tuesday to the ongoing session of the Standing Committee of the 14th National People's Congress.

Mario Ho, as an entrepreneur from the Greater Bay Area investing in Hainan himself, encourages young people across the Greater Bay Area to discover new opportunities to pursue their careers and ventures in Hainan. He aims to make his personal experience a tangible proof of Hainan's development potential for the younger generations.

Companies' enthusiastic participation in a supply chain expo held in China reflects their confidence in the Chinese economy, a Chinese foreign ministry spokesperson said on Tuesday.

Tokyo stocks tumbled on Tuesday, with the benchmark Nikkei index falling below the 70,000 mark after snapping an eight-session winning streak, as investors took profits amid concerns over an overheated market.

South Korean stocks dropped nearly 10 percent on Tuesday on big tech sell-offs, triggering a circuit breaker and sidecars to cool down panic-selling.