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China's A-share market has seen sharp corrections this year, with the benchmark Shanghai Composite Index losing about 20 percent compared with the beginning of the year.
China will further intensify its proactive fiscal policy through a multipronged approach and strengthen the role of the financial sector in supporting the real economy to help businesses ride out difficulties, the State Council's executive meeting, chaired by Premier Li Keqiang, decided on Tuesday.
China's Ministry of Culture and Tourism recently issued a notice about enhancing business resumption for tourism-related enterprises. The notice stipulated that the visitor cap for tourism sites will be raised from 30 percent to 50 percent of maximum capacity.
China will step up efforts to reduce its reliance on fossil fuels and improve its energy consumption mix to ensure improved air quality. It plans to cut carbon emissions per unit of GDP by 60-65 percent by 2030 from 2005 levels, while investing 2.5 trillion yuan (6 billion) in renewable energy by 2020, according to the National Energy Administration.
China's benchmark prices for spot interbank gold transactions are lower on July 15. [Photo/Sipa]
来源：资阳报