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China will foster new growth models of the platform economy, promote the development of the "internet plus service industry "and encourage social capitals to invest in sectors like medicare, education and tourism, according to a statement released after the meeting.

China will not introduce financial products such as carbon futures in the early stage as some other countries did because speculative behavior will do more harm than good in encouraging actual carbon reduction, according to Jiang.

China's Internet companies are not missing out on the opportunities that the initiative brings. JD.com, a major e-commerce site, has already started operating in Indonesia. It is planning to open more than 20 overseas warehouses in the next five years to store and transfer goods from over 100 countries and regions including those along the Belt and Road.

China's National Meteorological Center (NMC) issued a yellow alert for rainstorms on Monday. Some regions will receive up to 200 millimeters of precipitation, the NMC said.

China's authorities have already handled a number of cases involving obscene content in online games and live streaming platforms this year.