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Companies without or with few layoffs can get a 50-percent refund of their unemployment insurance premiums paid in the past year. More government-subsidized training will be conducted to equip the jobless with vocational skills, while employment services and supportive policies will be given to laid-off workers.

Comparing the process to "another Long March", Xi warned the whole nation against being satisfied with the status quo, indulging oneself in ease and comfort or letting delight dispel worries.

Congestion pricing — a fee to drive in a city center — would drive up fares and may make ride-hailing less attractive. Lyft must spend money to manage its expansion into new areas, retain qualified drivers and be sure its ride-hailing software is up to date and easy to use. Lyft's huge advantage over traditional taxi companies is that it does not buy or operate its fleet.

Commercial banks bought 8 billion worth of foreign currencies and sold 3 billion last month, resulting in net sales of billion, a 26 percent decline from the monthly deficit of billion in June.

Companies need to spend more time thinking through threats and really reaching to extremes.