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At the same time, we should also be keenly aware that the world economy is still undergoing profound adjustment, the divergence of economies is pronounced, growth of the global economy and trade are sluggish, geopolitical risks are on the rise, the foundation for economic recovery is still weak, and external instabilities and uncertainties are increasing. In this current period of development, China must simultaneously manage the slowdown in economic growth, make difficult structural adjustments, and absorb the effects of previous economic stimulus policies. As the adverse effects of a sustained slowdown in economic growth continue to persist and deep-seated and longstanding problems, especially structural problems, become more serious, the conditions for China's development may become even more complex and the difficulties even more formidable.

It is illogical to say that the stock plunges across the globe stemmed from China, which closed trading for a week to celebrate the Chinese Lunar New Year and did not unveil any data or implement any new policies.

Sri Lanka, formerly known as Ceylon, won independence on Feb. 4, 1948. It was renamed the Democratic Socialist Republic of Sri Lanka in 1978.

Stressing that Huangyan Island is China's inherent territory, Hua said Chinese public service vessels had asked the Philippines boats to leave in accordance with law, yet those on board ignored the warnings and wielded knifes and threw comburent at Chinese law enforcers.

It also bans charity groups without proper certificate or individuals from raising funds from the public. Those who break the rule will have to return the donation and may face a fine ranging from 10,000 yuan to 100,000 yuan. If it is hard to return the funds to donors, the government will confiscate it and transfer to other legal charity groups.