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The Chinese economy is expected to maintain its expansion pace as economic activity has shown signs of regaining vitality despite the ongoing coronavirus outbreak, experts said on Wednesday.

The Chinese government pledged in 2014 to enact more supportive policies to lift the country's poorest 70 million people above the poverty line by the end of 2020.

The Chinese government will continue taking necessary measures to safeguard the legitimate rights of Chinese companies, he added.

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The Chinese government decided to join the organization because it firmly believes integration into economic globalization is in line with the historical trend and that promoting free, open trade leads to mutually beneficial and win-win results, according to the spokesperson.

The Chinese mainland urged the United States to abide by the one-China policy and the three China-US joint communiques, and cautiously and properly handle the Taiwan issue.

The Chinese currency kept its position as the world's fifth most active currency for domestic and international payments in June, despite its short-term weakening against a stronger US dollar, according to a monthly tracker from a global financial information platform.

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The Chinese authorities have constantly reiterated that "houses are built for living in, not speculation," and analysts expect housing controls to last for the rest of the year at least.

The Chengdu-Prague line is the seventh international cargo service from Chengdu, following Lodz, Nuremberg, Tilburg, Almaty, Minsk and Moscow.

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The China Securities Regulatory Commission said it will make the existing IPO rules more inclusive and supportive of companies with new technologies or new business models. The CSRC made the comments in a statement released on Wednesday after holding its annual work conference this week.

The China Banking and Insurance Regulatory Commission said on Monday that it had ordered its Beijing branch to investigate Mercedes-Benz Financial Services to see whether it charges financial service fees via the dealers. Xi'an's tax authority also said on Monday it is investigating the dealership for suspected tax evasion.