The ministry voiced serious concern about the move, and urged the Indian government to reverse its wrong decision.
The market's gyrations suggest further volatility in ahead rather than building the foundation for a turnaround amid fears of the spread of the coronavirus, also called COVID-19.
The ministry has introduced 26 measures, such as allowing foreign institutions to independently run economic and technological exhibitions and helping local firms to form partnerships with foreign counterparts to develop cross-border commercial medical insurance products.
The meeting came as the 19th Central Committee of the CPC is set to hold its Fifth Plenary Session next week, which will deliberate on proposals for the country's 14th Five-Year Plan (2021-25) and longer-term targets for 2035.
The materials are being tested by construction science organization Building Research Establishment, which is also known as BRE. It is ensuring the materials meet UK regulations.
The ministers expressed gratitude toward China's work as rotating leader of BRICS. They agreed that BRICS members should enhance coordination and cooperation to jointly face various global challenges.
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The meeting will start at 0900 GMT and consider the proposed appointment of outgoing Michelin boss Jean-Dominique Senard as chairman and the promotion of Ghosn's deputy Thierry Bollore to CEO, three sources familiar with the matter have told Reuters.
The measures, or the suspension of tariff concessions, targeted 128 items of US products, including seamless steel tubes and some other steel products.
The ministry warned local departments to intensify real-time monitoring, issue alerts promptly, and strengthen evacuation and relocation in areas prone to flooding and geological disasters.
The ministry made the remarks after the US government on Nov 12 decided to ban US investments in Chinese companies that it claimed are linked to the Chinese military. The executive order was signed on Thursday, which applies to 31 Chinese companies that it says "enable the development and modernization" of China's military and "directly threaten" US security.