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China has decided to slash its automobile import tariffs from July 1, pledging to further open up, including increasing imports from the United States, which will benefit both peoples and the rest of the world.

China has finalized rules including punishments for illegal activities, and the definition of sensitive countries and sectors on outbound direct investment, the country's top economic regulator announced on Tuesday.

China has decided to roll out a number of supportive policies to reduce the operational costs of enterprises, increase investment in infrastructure to generate growth and improve people's livelihoods.

China has decided to stimulate domestic consumption in automobiles, household appliances, online shopping and other sectors, which is expected to keep the economy stable in the wake of downward economic pressure the country started to face last year.

China has pledged a more proactive fiscal policy to boost the economy, which expanded at a pace of 6.7 percent in the first three quarters, above the government target.