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Stabilizing the fundamentals in the foreign trade and investment sector is of paramount importance to stable economic performance and the job market, he said.

Starting July 1, Hainan increased its annual tax-free shopping quota from 30,000 yuan (,570) to 100,000 yuan per person. The range of duty-free goods has also expanded from 38 categories to 45, while the previous tax-free limit of 8,000 yuan for a single product has been lifted.

Spring used to be the peak time for overseas orders, with the company exporting at least 5 tons a day, said Dai Sanhao, Jingzhou Baihu Ecological Agricultural's manager.

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State Councilor and Foreign Minister Wang Yi and visiting Iranian Foreign Minister Mohammad Javad Zarif meet in Beijing on Monday. [Photo/fmprc.gov.cn]

Staff at some securities brokerages in China appear to be in for hard times as their employers are said to have cut salaries as well as human resources, after the business related to initial public offerings or IPOs began to shrink, industry sources said.

Starting from July 1, the company will launch a total of 60.5 pairs of bullet trains operating on the route on a daily basis, it said.

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Statistics show that China produced 7.79 million and sold 7.96 million vehicles in the first five months of 2020, down 24.1 and 22.6 percent year-on-year respectively.

State-owned enterprises play an important part in the Beijing-Tianjin-Hebei regions' integrated development, said Xu Heyi, chairman of the Beijing Automotive Group, commonly known as BAIC Group.

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Starting today, the Amazon Treasure Truck is hitting the streets of Los Angeles, Chicago, Atlanta, Dallas, and Houston.

Stations in Beijing, Shanghai, Guangzhou, Wuhan, Shenzhen, Hangzhou, Nanjing, Chengdu and Zhengzhou were among the most crowded this year, based on ticket sales, the company said, adding that the travel peak appeared on Saturday, when 13.7 million trips were made.