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BEIJING, Nov. 11 (Xinhua) -- China's securities regulator on Sunday dampened the hope for allowing overseas companies to go public in domestic equity markets soon, saying that the launch of "international board" needs a lot of preparations and China does not have a timetable for it.

Over the past five years, the cabinet has worked on improving the country's pharmaceutical and healthcare systems at least seven times.

The province's direct economic losses to the cold are estimated to be over 67.95 million yuan (about 10.91 million U.S. dollars), mostly coming in agricultural fields.

Snow or sleet is expected to hit Inner Mongolia Autonomous Region, most of northeast China and some parts of Guizhou Province from Sunday to Tuesday, the National Meteorological Center said in a statement, adding that these regions may see moderate to heavy snow.

Li Xiaosong, deputy director of the municipal commission of transport, told a press conference that the number of new vehicles on the road has been significantly curbed since the adoption of a system in 2011 that requires car buyers to participate in a lottery every month to obtain purchase permits.