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The move complies with the country's agenda of financial sector opening-up as well as the phase-one China-US economic and trade agreement, the CSRC said in a statement.

The names of the victims and the shooter have not been released. Kowalczyk told WQOW that authorities were still trying to determine a motive. The sheriff didn't immediately return a phone message left by The Associated Press.

The move came after Huawei has already secured more than 25 commercial contracts for 5G, or fifth-generation mobile communication technology.

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The nation's continuous efforts to clean up its skies and improve productivity by shutting down smaller polluting steel mills have boosted demand for high-grade iron ore, which represents more opportunities for suppliers of better quality ore like Vale, he said.

The missing-persons list compiled by the sheriff's office was revised to 870 names late on Tuesday, from a high of more than 1,200 over the weekend.

The move is part of the company's campaign to contribute to the country's ongoing poverty relief efforts.

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The move, coupled with the overall slowdown of China's car market and recent fire accidents, has affected sales of new energy cars in the country, which overtook the United States as the largest market for such vehicles in 2015.

The move aims to better facilitate the high-quality development of the real economy, while protecting companies' right to be informed, make their own choices and trade fairly, said the circular.

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The ministry's notice detailed a slew of measures to redeploy fishermen to other sectors. The government will encourage the development of fish farming, aquatic products processing and leisure fishing to create new jobs, in addition to measures to offer them free training in other skills. Businesses will also be encouraged to recruit them.

The move to pool resources and know-how highlights how Chinese start-ups are scrambling to save time and money in developing products as they face increased pressure from established global automakers shifting into a new market, so far led by Tesla Inc.