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It stressed that newly established approval items must be "examined for their legality, necessity and rationality" in accordance with official procedures, adding that no departments will be allowed to establish items that go against laws and regulations.

More than 4,250 electronics manufacturers reported losses in the first six months, up 20.2 percent from a year earlier, partly because of soaring interest payments and financial expenses.

More than 200,000 people in Yunnan were relocated as more than 6,600 houses collapsed and another 430,000 damaged. Direct economic losses were estimated at 3.5 billion yuan (552 million U.S. dollars), according to the civil affairs department.

The PBOC has cut the reserve requirement ratio for banks twice and lowered benchmark interest rates this year to buoy economic growth, which slowed to its slowest rate in more than three years in the second quarter.

In the January-September period, exports grew 7.4 percent from a year earlier to 1.5 trillion U.S. dollars, while imports gained 4.8 percent to 1.35 trillion U.S. dollars, bringing the trade surplus to 148.31 billion U.S. dollars.