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China will endeavor to stabilize new car sales, loosen purchase restrictions in certain cities and invigorate the used-car market in a bid to unleash the consumption potential for cars, said Wang Bin, deputy director-general of the department of market operation and consumption promotion under the Ministry of Commerce.

China will establish a lifelong accountability system to investigate and punish scholars who have committed serious academic fraud, according to new instructions published on Wednesday night.

China will provide service on scientific research and meteorology for the regional countries in the future, Wang added.

China's bike sharing market is expected to rake in 10.3 billion yuan (.5 billion) in revenue this year, a 736-percent increase from 1.2 billion yuan in 2016, according to a report from iiMedia Research.

China's M2, a broad measure of the money supply that covers cash in circulation and all deposits, rose 8 percent from a year earlier to 186.74 trillion yuan (.8 trillion) at the end of February, the People's Bank of China reported a few minutes before the news conference. The growth pace slowed from January's 8.4 percent.