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As mentioned, the role social organizations play in the protection of cultural heritage is essential and should be highlighted.

As of Friday, local authorities in most provincial-level regions on the mainland have started or announced coupon distribution programs for their residents, according to media reports.

As part of the country's broader opening-up push, China will phase out the 50 percent equity cap for foreign aircraft and car manufacturers in joint ventures in China, effective on July 28, according to a statement jointly released by the National Development and Reform Commission and the Ministry of Commerce on Thursday.

As of Friday, the S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, stood at 3,154.86, marking a 2.17-percent increase for the month-to-date returns and a 0.39-percent decrease for the year-to-date returns.

As many parts of the world have been affected by factors such as weak market demand and trade protectionism, it is understandable to see some countries reporting a slowed pace in exports, said Zhang Yuyan, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences and a member of the 13th National Committee of the Chinese People's Political Consultative Conference.