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China saw its passenger vehicles sales slump 7.4 percent to 1.76 million units last month, extending the loss in July, data from the China Passenger Car Association showed on Monday.

China ramped up multiple financial measures, including credit easing and liquidity injection, to stabilize the economy, prevent shocks caused by the novel coronavirus outbreak and support companies hit by the pandemic, the central bank and other financial regulators said on Saturday.

China welcomes Italy to participate in the construction of the Belt and Road, and supports cooperation between the two countries in port management, shipping as well as ship building, he said.

China now has three IPR courts and is revising its Patent Law to establish a punitive damage system for intellectual property infringement.

China received 170.1 billion yuan (.1 billion) of charitable donations from home and abroad last year, according to a report released by the China Charity Alliance. The report, published Saturday by the alliance at the ongoing 8th China Charity Fair in Shenzhen, Guangdong province, said 109.2 billion yuan of the donations went to the fields of education, poverty alleviation and healthcare. The report said cash donations hit a record high of 104.4 billion yuan last year, up 3.64 percent year-on-year and accounting for nearly 70 percent of the total value of donations.