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China will adopt a policy of pre-established national treatment, along with a negative list management system, which will be shortened in time, Li said.

China issued a first list of VAT reductions on rare-disease drugs last year that covered 21 drugs and four ingredients.

China recently announced a series of opening-up measures, including expanding the daily quotas for the mainland-Hong Kong stock connect programs and allowing foreign brokers to hold a majority stake in securities joint ventures.

China removed the last rural counties from its poverty list in the past month. The achievement is a key part of the goal of building a moderately prosperous society in all respects by next year's centenary of the founding of the Communist Party of China.

China will allow international students at Chinese universities nationwide to take part-time jobs during their studies to make the country's higher educational system more attractive, the Ministry of Education said in a statement provided to China Daily exclusively.