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Prices and transaction volumes of pre-owned homes in both Beijing and Shanghai declined. In the capital, an average home transaction took 30-odd days in April 2017 but extended to nearly 80 days in February, with homes traded at a lower price level than that of January 2017.

Previously, some reports claimed that Tesla could lower price for its Shanghai-made Model 3 by 20 percent or even more in 2020. The company denied the news.

President Xi Jinping's idea on building a community of shared destiny contains several new approaches to the comprehension of global and regional development and security. At the global level, having taken important foreign policy steps including the Belt and Road Initiative, China was able to launch a new Eurasian wave of globalization based on mutual benefit and co-development.

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Previously, many Chinese companies turned to imported waste as their raw materials because domestically collected waste had no advantage in quality, quantity or price, even though there is a large amount of waste generated in the country that needs sorting and recycling, according to Wen Zongguo, an expert on circular economy at Tsinghua University. Circular economy is a method of environmental sustainability in which recycling plays a major role.

Previously, middle and high schools in Shanghai have resumed classes partially for senior and sophomore students.

Property developers turn cautious on stricter regulations, tighter credit lines

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Procedures will also be improved, Zhang said, citing unified customs, frontier and maritime inspections, improved random checks and information disclosure, advanced cargo declaration, and fast track services for farm produce.

Previously: Is Amazon serious about slowing its Seattle growth? Tech and community leaders weigh in

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Promoting the development of bio energy, including biological natural gas, is a priority in China's energy strategy, and is also in line with China's commitment to environmental protection, Yu said.

Promotion campaigns for vehicle purchasing and trading in used cars for new ones will be carried out. In rural areas, where conditions permit, residents will be encouraged to buy trucks with a capacity no bigger than 3.5 tons and passenger cars with engines no bigger than 1.6 liters.