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China will cut taxes by another 60 billion yuan (.5 billion) to drive innovation and entrepreneurship and boost the development of small and micro businesses, the State Council decided in an executive meeting presided over by Premier Li Keqiang on Wednesday.

China's Vice-Premier Han Zheng on Wednesday said that ending the violence that has gripped Hong Kong for nearly five months remains the special administrative region's top priority, and is the shared responsibility of the SAR's executive, legislative and judicial authorities.

China will strive to reach a phase-one trade agreement with the United States as the two sides remain in close communication, the Ministry of Commerce said on Thursday.

China will work with members of the Association of Southeast Asian Nations including Indonesia to strengthen cooperation at the meetings, united as one and focused on Asia including East Asia, for regional prosperity and stability, Wang said.

China will enhance oversight over investment in PPP high speed railway projects, as part of efforts to dissolve financial risks, the plan said.