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It will serve as the main venue for tournaments when Cambodia hosts the Southeast Asian (SEA) Games in 2023, the minister said.

It started taking orders from institutional investors on Tuesday and will open the book to retail investors on Friday. The offering is scheduled to be priced on Sept 13 and commence trading on Sept 20.

It was estimated that the reduction of taxes from lower VAT rates could reach 240 billion yuan. Li said the estimate was rather conservative, as tax reduction in the manufacturing sector alone could reach that amount.

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It will be supervised by the China Association of Health Promotion and Education, and supported by the company.

It was the first time the ministry clarified situations under which individuals, enterprises or groups would be banned from award candidate selection.

It said more than 500 million Chinese now read news on a mobile device, noting the rising popularity of social networks and news apps as a way to access information.

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It said that in the field of industrial steam supply under the present pricing system, co-generation of steam and power by the ACP100 was economically superior to other power supply modes in view of its 70 percent of heat utilization efficiency.

It was during President Xi Jinping's visit to Pakistan two years ago that the China-Pakistan Economic Corridor (CPEC) formally began implementation. Xi described that trip as a visit to a brother's home. Indeed, the expression most appropriately conveyed how the Chinese leadership views its relations with Pakistan and highlighted the real spirit behind the CPEC.

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It will take some time for the banking sector to deal with the pressure on asset quality brought by the epidemic, against the backdrop of a slowdown in economic growth that was at high rates so far.

It will help better develop the Guangdong-Hong Kong-Macao Greater Bay Area and enrich the practice of the "one country, two systems" principle, the guideline said, adding that it will be a good way to explore a new path in building a great modern socialist country in an all-around way and providing strong support for realizing the Chinese dream of great national rejuvenation.