The projections are based on modeling from the Centers for Disease Control and Prevention (CDC), according to internal documents the newspaper said it obtained.
The premier noted that the global COVID response and the global economy are at a critical juncture, with the global governance system undergoing quicker transformation and fresh opportunities and challenges facing economic globalization.
The project was initiated by the Chinese company Shenzhen GTA Education Tech Ltd.
The production and sale of fake and inferior medicine for the novel coronavirus as well as the activities of hoarding and driving up prices of protective equipment and medicine will also be targeted, it added.
The products will be listed for trading based on the principle of reciprocity, according to the CSRC. Business regulation will be enhanced to protect investors' legitimate rights and promote healthy development of the products.
The premium income of Datong Insurance Brokers Co Ltd, one of the largest insurance brokers in China, is expected to reach 4.5 billion yuan (8.4 million) this year, the company's chairman said on Wednesday.
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The presidium also decided to send the draft decision on the institutional restructuring plan of the State Council to the delegations for deliberation.
The premier said China and Indonesia share common interests and this year marks the fifth anniversary of the comprehensive strategic partnership forged by the two countries.
The prime minister said that there are no terrorist safe havens in Pakistan and the country is doing everything to aid the Afghan peace process on humanitarian grounds.
The president told officers to look for, support and make full use of advanced technologies that can serve the military's modernization and to assist the transfer of defense technologies to the business sector.