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The State Council also warned local authorities against taking any measures that may increase the burden on small and micro enterprises, including forcing them to pay social security contributions on arrearage, money that should have been paid earlier.

The TYW-1 also will be an open and modular platform, which means it can use equipment and weapons developed not only by Chinese companies, but also by other nations, he added.

The State Council decided on Tuesday to temporarily lower the provision coverage ratio of small and medium-sized banks by 20 percentage points to free up more credit resources and boost capacity to serve small businesses. Before that, provision coverage ratios of China's commercial banks should range from 120 to 150 percent, according to regulatory requirements.

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The Sleeping Ginats billboard truck targeting Amazon. (Twitter Photo / @slpng_giants)

The Smithsonian's National Zoo, part of the Smithsonian Institution, a renowned US museum and research complex, has had a cooperative breeding agreement with the China Wildlife Conservation Association.

The Standing Committee of the National People's Congress on Wednesday approved a joint checkpoint for an express rail link connecting Hong Kong with Guangzhou and Shenzhen, marking key progress toward completing long-awaited infrastructure in the area.

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The Tibet autonomous region will step up support for local technology companies and tech innovation as part of its efforts to shore up the local economy, officials said.

The State Council also promised preferential financial, tax, land and power use policies to encourage businesses to process agricultural products.

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The Tibet autonomous region will put environmental conservation ahead of tourism development, officials said at the Fourth China Tibet Tourism and Cultural Expo, which is scheduled to close on Tuesday.

The Shanghai Financial Court has set up a team of judges to deal with possible lawsuits related to the newly launched science-technology innovation board.