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China will launch proactive fiscal policies next year to improve the efficiency, quality of government investment and stabilize the economy amid a possible slower fiscal income growth, said Finance Minister Liu Kun.

China will continue to strengthen protection of intellectual property rights, Xi said, adding that it will provide the biggest boost to the Chinese economy’s competitiveness.

China will limit the passenger capacity of international flights to or from places deemed to be at high risk of COVID-19 transmission to no more than 75 percent in an effort to contain imported coronavirus cases, according to the country's civil aviation regulator.

China will rely on reforms to tackle changing situations and open up new prospects, while encouraging exploration in key spheres, according to the 14th meeting of the central committee for deepening overall reform held late last month.

China's GDP grew 6.9 percent in Q2, flat with the previous quarter and above the government's annual target of around 6.5 percent.