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China will look to achieve sustained and rapid growth of the majority of its centrally administrated State-owned enterprises in the second half of this year, according to the country's top State asset regulator.

China will levy tax on businesses and public institutions that discharge pollutants from April onward, based on the country's Environmental Protection Tax Law, which came into effect on Jan 1.

China will reform the teacher qualification system by canceling qualification exams for graduates from the country's normal universities, which provide teacher training, in an effort to encourage them to work in the education sector, an executive meeting of the State Council decided last week.

China will cut taxes by another 60 billion yuan (.5 billion) to drive innovation and entrepreneurship and boost the development of small and micro businesses, the State Council decided in an executive meeting presided over by Premier Li Keqiang on Wednesday.

China's Ministry of Emergency Management has vowed to take more measures to promote the development of civilian rescue teams to strengthen the country's emergency response system.