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Liu suggested making property tax a type of regulation tax, meaning that it would only start to be levied on individuals after they have acquired a certain number of properties, pushing them over a threshold, which would save housing resources and narrow the gap between rich and poor.

Looking forward, Lian Ping, chief economist of the Bank of Communications, expects the country's monetary policy to prioritize ensuring stable growth in 2019.

Livestreaming helps drive customer enthusiasm in spending. In 2019, e-commerce sales via livestreaming were 433.8 billion yuan, a 226 percent leap from a year earlier.

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Liu's comments came after China called for more effort to develop the new generation of AI, to inject a fresh driving force into the country's high-quality economic growth. 

Local authorities in Dalian, Liaoning province, said on Monday that a group of spotted seal cubs rescued from poachers will soon be released into the wild.

Local television reports showed smoke coming from the direction of the airport and video emerging of the aircraft flying low over a residential area showed flames apparently shooting from one of the engines. Ambulances were sent to the airport and there were reports of some injuries among residents on the ground.

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Liu, born in 1982, had been jailed at least five times and had served about 9.5 years for robbery, blackmail and stabbing people, court records showed. But he was also awarded a Samaritan certificate by the Jiangsu Justice and Courage Foundation in March.

Looking ahead, the diplomat cited the "green corridors" initiative proposed by Putin at the recent online G20 summit. Green corridors would be free from trade wars and sanctions to relieve supply pressures on countries in urgent need of medicines, food, necessary equipment and technology, he said.

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Logistics properties have become increasingly attractive to sovereign wealth and pension funds after the growth of internet shopping boosted demand from occupiers.

Locals in traditional costume play musical instruments to welcome participants at the Conference for the Revival of Chinese Villages in Taijiang county, Southwest China's Guizhou province, on June 16. [Photo by Hou Liqiang/chinadaily.com.cn]