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The central bank official said that some unprofessional bailout measures which came from the ineffective multilevel bureaucracy of the regulatory system, led to unexpected market expectation during the stock market turbulence in August 2015, and had an adverse impact on market liquidity and investor confidence.

The city now has 954 isolation beds, 40 percent of which are occupied, up from about 30 percent in the past two weeks, Yu said.

The central government has urged SOEs to carry out mixed ownership reform in a bid to stimulate their vitality and boost their earning capacity.

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The central government's policies on Hong Kong and Macao will remain unchanged "beyond all doubt", a senior official said on Friday in response to concerns over the omission of some routine terms from the Government Work Report.

The center will operate in parallel with Nestle Health Science's product innovation centers in the United States and in Switzerland, sharing global advanced core R&D technologies, localized innovations for China's national standards and consumer needs, and enriching the firm's product systems of Foods for Special Medical Purpose (FSMP) in China.

The certificate means that the vaccine is up to international standards in terms of quality, safety and efficacy.

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The city is also making every effort to create a globalized and convenient business climate, fully compliant with international laws, for international investors, said the mayor.

The central government's Liaison Office in Hong Kong on Monday strongly condemned the violence and vandalism that ravaged the city's busiest districts the previous day.

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The city's manufacturing shift is emblematic of the broader trend in China as the "world's workshop" built upon low labor and production costs is taking on new forms.

The changing US decision, Yuan said, could make the situation in Syria more complicated and disrupt the process of reconciliation between pro and anti-government forces.