The market's main gauge of volatility, the CBOE Volatility Index, rose 5.73 to 33.46 on Thursday, about three times the average level of the past year.
The media forum was jointly inaugurated by visiting Chinese State Councilor and Foreign Minister Wang Yi and Indian External Affairs Minister Sushma Swaraj.
The meeting discussed major obstacles and plans for the freight service, including a work plan for next year and a way to implement rules for cooperation.
The ministry said it had zero tolerance for illegal social organizations and would continue the crackdown. In April, the websites of the first nine illegal social organizations were shut down.
The minister said currently 12 Chinese airlines are operating 126 direct flights each week to Cambodia.
The ministry pledged to enhance cloud computing network security and improve security regulation and relevant laws, as many users from key industries are still hesitating due to safety concerns, reliability and movability.
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The massive corporate tax cuts this year showcased the central government's efforts to inject more energy into economic development and to make sure market entities receive benefits, which will help stabilize market expectations of the economy, according to Bai.
The meeting also underscored the need to boost the capacity of China-Europe freight train services, including steps to improve the transfer of cargoes and to pick up services previously operated by sea and air transport-an important measure to stabilize international supply chains.
The ministry has designated six closed-off testing bases so far in a bid to improve the safety level of road testing and strengthen the research and development of roads adapted to automated driving technology, he added.
The ministry has introduced 26 measures, such as allowing foreign institutions to independently run economic and technological exhibitions and helping local firms to form partnerships with foreign counterparts to develop cross-border commercial medical insurance products.