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The country should take a problem-oriented approach and attach great importance to the new situations and problems in the housing market, Han said, adding that efforts should be made to put in place a prudential management scheme for real estate finance and prevent funds from illegally entering the market.

The cost of online food delivery grew 238 percent to 19.3 billion yuan (.7 billion) in 2017 while the cost of deliverymen jumped three times from 5.1 billion yuan to 18.3 billion yuan, its prospectus showed.

The country also announced plans to lower value added tax for rail freight on Monday.

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The country saw a total of 2.27 million vehicles sold in September, up 16 percent month-on-month, while production rose 11 percent to 2.21 million units, data from the China Association of Automobile Manufacturers (CAAM) showed.

The consumer price index, a key gauge of the prices for goods and services, rose 1.7 percent year-on-year in January, lower than the expectations of 1.9 percent growth, according to the National Bureau of Statistics. The CPI rose 1.9 percent in December.

The country still had around 30 million people living below the national poverty line at the end of last year. The government aims to lift more than 10 million people out of poverty in 2018.

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The country will take steps to build a comprehensive personal bankruptcy system by gradually promoting reasonable liability exemptions for an individual, when their consumer debt meets requirements, according to a plan released Tuesday on the official website of the National Development and Reform Commission.

The country has 657 cities by the end of 2016, including four municipalities and 360 county-level cities. Cocodala in Xinjiang Uygur autonomous region was the only added city in 2016, but its population is not calculated in the report.

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The convening of the 3rd CIIE was another important milestone in China's economic recovery following the unprecedented COVID-19 pandemic, and sent an unmistakable signal of China's continuing reform and opening-up, and willingness to share the fruits of its developments with overseas partners.

The construction of first phase, or the 253 kilometers railway from Bangkok to Nakhon Ratchasima, will start gradually from the first 3.5 km section, the second 11 km section, the third 119 km section and finally the fourth 119 km section.