The country will improve foreign investment environment across the board and clear up restrictive regulations on foreign investment that go beyond the official negative list, according to He.
The country should strengthen scrutiny of cross-border capital flows and increase the flexibility of its monetary policy to offset any adverse effect from the drastic tax cuts by the United States, economists said on Monday.
The construction of the Hainan free trade port "will not bring shocks to Hong Kong," said Lin, adding that the island province will focus on developing tourism, modern services, and high-tech industries.
The construction of the Shanghai section of the Husuhu Railway, which links Shanghai, Suzhou of Jiangsu province and Huzhou of Zhejiang province, began on Friday.Six stations are expected to be set up along the 163.8-kilometer route. The Shanghai section, which will measure 64.8 kilometers, will have two stops: Shanghai Hongqiao Railway Station and Songjiang South Railway Station.Following its completion, the railway will strengthen the integrated transportation system in the Yangtze River Delta and further promote economic ties between Shanghai and cities within the delta and Central China.The railway is also set to drive development of the tourism industry in the region as it runs through several scenic spots, including national parks and ancient water towns.
The country will intensify its national strategic strength in science and technology, make major breakthroughs in core technologies and improve the overall efficiency of the innovation chain.
The cooperation came after the NDRC spoke to Samsung in December after the prices of storage chips rose at an astonishing pace over the past 18 months.
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The confirmed cases include three reported in the Shenzhen special economic zone, imported from the United Kingdom, Thailand and Spain; three in Guangzhou, including two imported cases from the Philippines and Turkey; a local case infected by a patient who returned home from Turkey; one in Zhanjiang imported from France and the rest in Zhuhai, imported from the United Kingdom.
The council also held the 2017 China Economic and Social Forum to discuss how the Belt and Road Initiative can be used to boost economic and social prosperity.
The country issued a new budget law in 2014 that forbids raising funds via local government financing vehicles. Instead, it allows the same only through bond issuances.
The conference will focus on the exchange and cooperation in earthquake science and technology, countermeasures for earthquake disaster risk reduction, earthquake emergency response, and post-earthquake rescue, relief, and recovery, he added.