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Domestic firms registered in the free trade port will be encouraged to raise funds by issuing shares abroad. The free trade port will also offer tax benefits for firms operating in sectors such as tourism, modern services, and new and high technology by exempting enterprise income tax for the income from their direct investment overseas.

By the end of December, the number of registered privately offered funds reached 81,710, rising 9.47 percent from the end of 2018, according to the AMAC.

The video conference is "a highly important meeting that gives Belt and Road cooperation partners an opportunity to discuss a collective response to COVID-19, advance Belt and Road cooperation, and strengthen international solidarity and cooperation," said Xi.

BEIJING, July 14 (Xinhua) -- Chinese President Xi Jinping said Tuesday that China stands ready to work with Thailand to cement solidarity and cooperation among regional countries and safeguard the sound momentum of development and prosperity in the region.

China has launched 11 manned spacecraft, one cargo spacecraft, Tiangong-1 and Tiangong-2, sending 11 astronauts into space, completing the first two steps of the manned space program.