The ministry said domestic firms cooperate with foreign companies on a voluntary basis. China's industrial policies are guiding documents in nature and are open to all foreign-funded companies.
The ministry also issued flood prevention notices to local governments of Jiangsu, Anhui, Jiangxi, Hubei and Hunan provinces and Shanghai municipality, which is located in the middle and lower reaches, as well as dispatching two work teams to Anhui and Zhejiang to guide prevention work.
The meeting also decided to step up the development of innovation centers for manufacturing and technology and to establish a number of public service platforms for entrepreneurship and innovation.
The market's plunge threatened to end the longest bull market in history. Through Monday's close, the S&P 500 was 19 percent below its intraday all-time high of 3,393.52 reached Feb 19.
The meeting also decided on steps to cultivate high-quality farmland to boost grain production capacity. The goal is to develop 67 million hectares of such farmland by 2022 with over 500 billion kg of production capacity.
The minister said his country hopes to deepen strategic partnership with Huawei on emerging technologies such as 5G, artificial intelligence, the Internet of Things and cloud computing.
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The ministry and China National Commission for Disaster Reduction jointly initiated grade-IV emergency response measures and dispatched rescue teams to the area.
The meeting's results will directly concern three problems deciding China's future: the driving force and innovative power of social development; the balance, harmony and stability of social development; and good governance of society and the country, Han Qingxiang, a member of the administration committee of the Party School of the CPC Central Committee, writes in People's Daily.
The ministry said it will continue to improve and upgrade the mini-program.
The meeting was designed to proceed transparently, engage additional members when appropriate and ultimately lead to advancing ideas and suggestions to the broader WTO membership for consideration and discussion.