The funds will be used to facilitate zones to build world-leading brand parks, according to a memorandum of understanding signed with the Ministry of Commerce.
The government has urged regions deemed at low risk from the contagion to lift their control measures, a senior official said on Saturday.
The global pandemic has put a spotlight on the Seattle tech giant as millions rely on the company for everything from grocery delivery to cloud computing. Amazon is struggling to keep up with demand spikes from customers confined to their homes under shutdown orders around the world.
The government has emphasized that a new kind of reforms emphasizing efficiency, domestic markets, and technological innovation are needed to allow China to continue to grow over the coming decades.
The fourth test aircraft of the C919, China's first home-built narrow-body passenger jet, took part in a test flight in Shanghai on Thursday, and another two new test jets, the 105 and 106, will complete their first test flights later this year, before entering the market in 2021.
The government will also encourage whistle-blowing on policies and measures suspected of violating fair competition review standards, it added.
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The government is restructuring the industrial sector to lower costs and promote efficiency, as Zhong Nan, Ren Xiaojin and Jing Shuiyu report.
The gathering was held after Xi and Putin signed a joint statement to upgrade bilateral relations to a comprehensive strategic partnership of coordination for a new era.
The freight trains have played a crucial role in helping stabilize the international logistics supply chain, transporting 115,000 20-foot equivalent units of cargo last month, up 73 percent from a year earlier, according to the company.
The government will also establish an early warning and emergency response system against red and green tides.