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The minister also called on all parties to remain calm and exercise restraint and avoid provocative rhetoric or actions that would lead to miscalculation.

The meeting is to be held amid profound adjustment of the world economy, as the uprising protectionism and unilateralism greatly strike the free trade system and multilateralism, the council said.

The maximum subsidy to top-level talents in Suzhou's Industrial Park, Nanjing's Jiangbei New Area, Taizhou, Nanning and Jinan, is 5 million yuan, 3 million yuan, 3 million yuan, 2 million yuan and 1 million yuan, respectively.

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The meeting said that foreign trade businesses will be supported in strengthening resilience against risks. For example, a "credit insurance plus guarantee" model will be encouraged to increase business credit for foreign trade companies.

The medical fair is held at the Hong Kong Convention and Exhibition Center and will continue through Wednesday.

The meeting also adopted a host of policies for facilitating the restart of business activities in the logistics sector from transportation, shipment to express delivery services to provide a strong underpinning for epidemic control, help smooth the flow of economic activity, and meet people's daily needs.

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The minister said that China will moderately expand fiscal spending to 23.5 trillion yuan this year, up 6.5 percent year-on-year.

The mechanism, which covers cooperation in such fields as education, culture, science and technology, healthcare, youth, women, media, think tanks, tourism, sports and people-to-people exchanges, will play a significant role in deepening the comprehensive strategic partnership between the two countries.

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The meeting also called for efforts to give play to the role of the bonds in stabilizing investment and promoting consumption. The funds raised from the bonds should primarily be used in ongoing projects and to extend support to major projects, as well as solving the problems of debt defaults in government programs.

The massive potential domestic demand, multiple macro-control policies and tools, and bonus from supply-side structural reform in sustaining growth, will hedge the uncertainties in the economical movement to maintain steady economic growth in the second half of this year, said Wen Tao, an analyst of China Logistics Information Center.