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"Continuing to implement tax cuts and fee reductions for companies, particularly for the manufacturing sector, will help reduce their burden and bring more benefits. The measure will also guide enterprises to increase investments in research and development and promote the transformation and development of the sector," Zhang Yiqun, deputy director of the China Special Committee on Budget Performance, was quoted in a report by the Securities Daily.

"Close to 2,000 exhibitors will present about 1 million books at the book expo and over 500 cultural activities will be held," he noted.

"Collaboration between development institutions is essential to make the best use of scarce resources, crow in the private sector, and meet the rising aspirations of the people we serve," said Jim Yong Kim, president of the World Bank.

"China's securities regulator has specified corporate behaviors that will trigger delisting from stock exchanges in the revised rules, which will make compulsory delisting more doable and improve the efficiency of delisting processes," said Dong Dengxin, a finance professor at Wuhan University of Science and Technology.

"Chinese car-hailing service providers are going to dominate about 80 percent of the world's market share in the near future," according to an industrial insider who declined to be named.