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China's central bank has raised its re-lending quota by 50 billion yuan (.3 billion) to boost financial support for small and micro firms and private businesses.

China will recruit 30,000 firefighters for its newly created China Fire and Rescue Team under the Ministry of Emergency Management in its latest effort to reform the national rescue force and minimize the cost of accidents and natural disasters.

China will further open the financial market to welcome more overseas investors in. The cross-border trade and investment will be more free and convenient, said Pan.

China's "dual circulation" economic development pattern will further release Qingdao's potential and prompt the city to play a pivotal role in China's higher-level opening-up, according to its top official.

China's catering industry has recovered to 70-80 percent of pre-COVID-19 level in the first half of this year, Sina Finance reported on Monday.