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China's tax authorities published a document on Tuesday containing a set of policies to ease tax burden for individuals and corporates during the novel coronavirus outbreak, including exemptions of individual income tax and value-added tax for certain taxpayers.

China's rental housing market is expected to reach 4.2 trillion yuan in revenue by 2030, up from the current 1.3 trillion yuan, according to a Xinhua News Agency report.

China's total foreign trade rose 4.3 percent year-on-year to 9.51 trillion yuan (.41 trillion) in the first four months of the year, showing that the policy of ensuring steady growth of imports and exports has helped stabilize the sector, experts said on Wednesday.

China’s credit rating agency Dagong downgraded sovereign credit rating of the United States by one notch from A- to BBB+ on Tuesday, as debt repayment capacity is expected to continue to deteriorate with its massive tax cuts plan.

China-Ghana relations have shown a sound momentum for all-round development in recent years, bringing tangible benefits to both peoples, Xi said.