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The meeting demanded the country to establish a medium- and long-term coordination mechanism for COVID-19 control and economic and social development, keep its strategies in restructuring, rely on technological innovation, improve cross-cyclical macro-control design and regulations, and realize long-term balance between growth stability and risk control.

The meeting decided to further lower the tax burden on low- and medium-income groups. It passed a temporary decision to exempt those whose aggregate annual income is no higher than 120,000 yuan within a period of two years from the obligation to declare the settlement and payment of individual income taxes.

The ministry has sent notices to 10 provincial-level governments ordering them to punish illegal borrowing activities.

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The ministry also investigated 50 online games for illegal content or content that instigates crime or compromises social norms.

The ministry urged domestic companies to rely on the protection of trade promotion agencies and legal advice services to deal with foreign trade restrictions from concerns about the spread of the epidemic. It said China respects the authority and professional opinion of the World Health Organization and opposes overreaction and imposition of trade restrictions by foreign governments.

The ministry attributed the fall to an increasing willingness among farmers and scale breeding farms to sell hogs, as well as the release of frozen pork products into the market.

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The meeting was hosted by Russia, which holds the rotating BRICS presidency this year.

The ministry issued a directive in March, requiring local social security departments to fully implement such authentication service.

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The media center for the second Belt and Road Forum for International Cooperation, which will highlight the use of 5G technology, will officially open on Wednesday. It will provide services for about 4,100 accredited journalists, including 1,600 from foreign media outlets.

The meeting said that upgrading and expanding the capacity of internet infrastructure can be a primary means to boost effective investment. By the end of this year, fiber-to-the-home (FTTH) ports relative to all broadband ports will be raised to no less than 90 percent, gigabit broadband will be extended to more than 300 cities, and base stations for mobile internet will be upgraded with expanded capacities. The goal is to expand gigabit broadband to both fixed-line and mobile internet services.