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Ant Financial Services Group has agreed to buy British currency exchange WorldFirst, the company announced on Thursday.

Anne Ruan, who runs the Ningbo Orange Packaging Co, a paper products business in Zhejiang, whose output includes items for use at parties, saw overseas orders valued at million canceled in the first quarter. Before the pandemic, her company's annual exports were worth about million.

Another agreement was signed to set up a renminbi clearance bank in Japan. China and Japan signed other 10 documents to boost cooperation in fields such as securities market and senior care, under the eye of Premier Li Keqiang and Abe at the Great Hall of the People on Friday morning after their meeting.

Apart from the mature market abroad, CIMC Enric also expects the acquisition to help the company strengthen its position in the growing Chinese market, as CIMC Enric believes the growth pace of craft beer in China will remain at 40 percent each year, although currently the business only occupies 1 percent of the domestic market.

Announcing Pompeo's visit, Foreign Ministry spokeswoman Hua Chunying said in a statement on Wednesday that China and the US will exchange views on bilateral ties as well as regional and international issues of common concern.