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China plans to roll out more measures to stabilize growth amid downward pressure but will not resort to a massive stimulus package, according to senior officials with the nation's top financial regulators.

China protested the US actions. In response to the steel tariffs imposed in the name of national security,China announced last Friday a list of 128 US products,worth billion, that are subject to new tariffs, a safeguard measure permitted by the World Trade Organization.The products include fruit,wine, pork and steel pipes from the US.

China will also pilot a reform to streamline procedures for manufacturing license applications in some areas and industries. Companies can present a qualification report conducted by an eligible agency instead of going through pre-licensing production inspection.

China is willing to deepen pragmatic cooperation in various fields with Nepal within the framework of the Belt and Road Initiative to lift bilateral ties to a new level, Li added.

China will comprehensively reform how fire control departments operate by devoting more effort to effective supervision while streamlining administration and delegating powers, according to the country's top emergency management authority.