The economic structure needs to be further optimized, said Liu Shijin, deputy head of the 13th CPPCC National Committee's economic committee and a member of the central bank's monetary policy committee.
The estimates are from a new analysis the US Chamber of Commerce released on Monday in protest of the Trump administration's handling of trade disputes by escalating tariffs, which the chamber argues is "the wrong approach" as it risks derailing the US economy and sparking a global trade war.
The draft was submitted for the first reading at the ongoing bimonthly session of the Standing Committee of the National People's Congress, China's top legislature.
The draft would also require retirement home managers to improve their emergency plans for contagious diseases, including novel coronavirus pneumonia, and encourage the facilities to roll out door-to-door services for seniors still living at home.
The draft law was submitted to the Standing Committee of China's National People's Congress (NPC) for the third reading at a session that runs from Monday to Friday.
The economic contraction is all the more worrying since the most strict business shutdowns and stay-at-home orders did not occur until the final weeks of March. The Commerce Department acknowledged that it could not quantify the full economic effects of the virus.
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The e-governance office evaluated the service quality of websites in five areas, including efficiency, accuracy and service attitude.
The drug, called BromAc, is administered directly as a nasal spray and could potentially stop the virus from spreading to other areas including the lungs, where it can cause deadly complications.
The electronic chip, which is implanted under the skin of a dog's neck, stores information about the animal, its owner and the date of vaccination.
The epicenter, with a depth of 21 km, was at 36.16 degrees north latitude and 129.90 degrees east longitude.