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China has decided to slash its automobile import tariffs from July 1, pledging to further open up, including increasing imports from the United States, which will benefit both peoples and the rest of the world.

China has full confidence in ensuring adequate energy supply, normal industrial operations and in maintaining social and economic stability despite the novel coronavirus outbreak, the country's top economic regulator said on Sunday.

China has been the biggest and most important market for Fonterra, and accounted for nearly 25 percent of the volume in the overall business. The company said its Anchor brand accounted for half of the mozzarella cheese used in pizzas in China, and it served half of the mainstream bakeries and tea houses.

China came one step closer to finalizing the draft of a streamlined foreign investment law that would assure foreign companies of treatment that is fair and equal to that of domestic enterprises and promote the opening of the domestic market.

China has established a mechanism for the fair allocation of donated organs, it said.