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China's trade situation has met expectations on the whole and the positive long-term trend has not changed. But the foundation for trade stabilization for the better is still not solid, and downward pressure remains big, said Wang at a national foreign trade work conference in Guangzhou.

-- China will promote development through deepening reform. Reform has held the key to China's achievements in development, and the same remains true for the future. China will not waver in deepening reform across the board to boost market vitality and social creativity. While maintaining aggregate demand, we will accelerate supply-side structural reform, improve the quality of supply, ensure steady economic performance, and advance structural transformation and upgrading. We will streamline administration, delegate powers, strengthen regulation and improve services, and will make proactive efforts to advance reforms in key sectors such as fiscal policy, taxation, finance, investment and state owned enterprises. We will follow an innovation-driven development strategy and one of mass entrepreneurship and innovation, and foster new growth drivers while upgrading traditional ones. The purpose is to ensure faster economic transformation and upgrading and steady economic growth.

From 8 a.m. Monday to 1 p.m. Tuesday, four townships in Hainan reported more than 300 mm of rainfall, according to the provincial meteorological station.

Calling the current anti-globalization trend "only a setback during the process of globalization," Li said the world needs to fix the flaws of globalization, instead of simply giving it up.

Li praised Macao's outstanding achievements in recent years, saying they prove the strong vitality of the "one country, two systems" principle and crediting the Special Administrative Region (SAR) government's administration in accordance with the law and the hard work of Macao's citizens.