The country has shown its support for the manufacturing sector by giving it the biggest VAT rate reduction of 3 percentage points, according to Yang. "The manufacturing sector serves as the key to stabilizing employment in the short term and a core aspect of a country's economic competitiveness."
The concept of xiaokang means democracy, the rule of law, fairness, justice and a good environment, according to Xinhua News Agency.
The country is shortening the list of sectors that are offlimits to foreign investors, as well as reducing market entry restrictions for industries such as transportation and financial services.
The coronavirus is showing no signs of the once hoped-for summer slowdown in Japan. Infections that had largely been concentrated in the capital have spread to other urban areas and regions that had not seen cases for months.
The country has vowed to increase support for companies, spur consumption, step up effective and targeted investment, as well as deepen reforms to tackle such challenges, he said.
The country should strike a balance between the need to keep the economy buoyant and the need to contain debt risks, he said. Therefore, he suggested China factor in the repayment abilities of local governments when determining debt quotas, and avoid fiscal stimulus from direct lending to State-owned enterprises and local governments.
安康医院检查试纸阳性
The country supports organizations which specialize in offering services to protect the health of agricultural plants, and encourages them to apply environmentally friendly techniques to treat diseases and tackle pests, the regulation says.
The country - home to one of the largest groups of ethnic Chinese in the world and a gateway to Southeast Asia's 600 million consumers - is a favored destination for Chinese investment.
The country will further promote streamlined administration and delegate powers, optimize licensing procedures and simplify application materials for trust companies, said the commission.
The country handled only 250 inbound flights between March 29 and April 4, carrying a total of 50,306 passengers onboard, said Sun Shaohua, deputy head of the Civil Aviation Administration of China's operations and monitoring center, on Wednesday.