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The date of implementation will depend on when the US government imposes the tariffs on Chinese products, the MOF said.

The country's young people born between 1990 and 1999 began to manage their money at 23 years old on average, about 10 years earlier than their parents, according to a report by fintech firm Alipay based on surveys of its wealth management services.

The country's manufacturing purchasing managers' index (PMI) came in at 51.8, up from 51.6 in October, according to the National Bureau of Statistics (NBS).

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The deal signals the intention of Alibaba to try to dominate one of Chinese e-commerce's largest untapped frontiers, as the traditional e-commerce faces slower growth and intensifying competition from rivals like JD and Pinduoduo.

The country's southeastern and eastern coastal regions have been gearing up for Typhoon Lekima. The storm is expected to hit Zhejiang province head-on by early Saturday morning.

The cubs are the first panda twins born to both captive and wild parents, marking new progress in China's efforts to increase the genetic diversity of its captive pandas. Captive pandas tend to have a high likelihood of inbreeding, causing a decline in the viability of their babies, according to Zhang Hemin, deputy director of the conservation and research center.

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The coupons, funded by local governments or enterprises and distributed online, typically have offered discounts of 10 to 50 percent in designated sectors like restaurants, tourism, automobiles and other retail sectors.

The current event will run through to May 5. Nearly 25,000 domestic and foreign companies set up booths.

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The day after the outbreak was confirmed, 2,075 pigs on the farm where it struck were buried to control and prevent the disease spreading, Han said.

The deal means Fosun Pharma will fully fund the future development of ReNeuron’s stroke and retina treatments in China, including clinical trials and commercialization activities, according to Olav Hellebo, ReNeuron’s chief executive.