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To cushion downward pressure, the commission plans to relax restrictions on the second-hand car market to spur the domestic market, and roll out more tax cut measures for companies selling used vehicles, according to Liu.

Tiny Singapore, viewed as a barometer for the health of global trade, is highly sensitive to external shocks, and the gloomy figures are another ominous sign for the global economy.

To advance the market-based allocation of capital factors, the document said China will improve basic stock market mechanisms, accelerate the development of the bond market, increase the supply of effective financial services and expand financial opening-up.

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Tmall's gross merchandise volume on Singles Day came in at 268.4 billion yuan (about .34 billion), up 25.7 percent from a year earlier.

To enhance riders' safety, Chen drafted a proposal to extend delivery times and to link the behavior of riders to the business credit records of the companies they work for.

To give strong support for small business financing, the regulator said it will guide banks to keep their lending rates at a reasonable level, regulate banking service charges, join efforts with other government entities to let the national financing guarantee fund play a larger role, and help lower the rate of financing guarantee fees.

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To break the current political impasse, the party hopes the people of Hong Kong can join the government's efforts in solving the city's deep-rooted problems through dialogue.

To better use AI, Dai suggested that firms should also revolutionize businesses from top to the bottom.

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To further encourage the development of the hydropower sector, China's top economic planner unveiled new measures to cut electricity costs for industrial and commercial users on May 16. Effective from July 1, the new measures will see the fees for funding major hydropower projects reduced by 50 percent, which will help lower electricity costs.

To better serve the Games, monitoring systems have been installed to provide minute-by-minute weather updates.