The courier sector has also handled 173 million parcels of epidemic prevention and control equipment as of Sunday, with 24,000 delivery trucks and 350 freight trains and flights being dispatched, Hou said at a news conference.
The current level of initial claims is nearly double the previous peak of 665,000 weekly jobless claims filed in 2009 during a recession caused by the collapse of the subprime mortgage market.
The data showed the Chinese real estate market would see continuous rapid growth and is dominated by top companies, said Yi Xianrong, an industrial insider and former researcher for the Chinese Academy of Social Sciences.
The cut was announced after US Federal Reserve decided Wednesday to trim federal funds rate by 25 basis points, the third rate reduction this year.
The cuts came mainly as discounted payments to pension funds as well as unemployment and work injury insurance, which are shared by employers and workers, he said.
The court said the three defendants fraudulently obtained loans and bill acceptance of nearly 1.5 billion yuan by registering shell corporations, forging contracts and employing fake investment projects from 2008 to 2015.
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The country's second-tier cities saw a month-on-month increase of 0.3 percent in new home prices, up 0.2 percentage points from the previous month, while third-tier cities also witnessed a mild month-on-month rise of 0.2 percent in new home prices, compared with a 0.1-percent increase reported in February.
The country's centrally administered SOEs made 206.67 billion yuan (.65 billion) in profit during the first two months of this year, up 22.6 percent year-on-year, while their operating revenue jumped 10.9 percent to 4.1 trillion yuan, official data show.
The country's foreign exchange regulator, the State Administration of Foreign Exchange, attributed the change in reserve size to factors such as the exchange rate and changes in asset pricing, even as China's foreign exchange market remained largely stable last month.
The cyclone has claimed 17 lives in the two states - 12 in West Bengal and five in Odisha. The deaths according to officials have been caused due to falling of trees, electric poles, failing structures and house collapses.