The moves are part of a broader plan to improve the efficiency of road transport and reduce logistics costs.
The move aims to create a better policy environment for enterprises through deepening reforms to delegate power, streamline administration and optimize government services and to ride a new wave of industrial transformation, said a spokesperson of National Development and Reform Commission, as per a Q&A transcript published on the NDRC's website on Tuesday.
The more transparent and streamlined the policy is, the easier it will be to attract foreign investment in key sectors of the economy.
The move comes at a difficult time as worries of a possible recession and waves of anti-extradition law protests weigh on sentiment, Financial Secretary Paul Chan Mo-po said at a news conference on Thursday.
The most active October 2020 contract for hot rolled coils, mainly used in cars and appliances, was down 2 yuan to close at 3,911 yuan a ton.
The motion has caused huge concerns from and strong response from the government.
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The museum employs the technologies of augmented reality and virtual reality to display earthquake-related content. The exhibits are easy to move and assemble and have been installed with wheels, allowing the museum to "move around."
The nation had 45.9 gW in operation as of January 2019 with another 12.2 gW under construction. There is another 29.1 gW mostly ready for construction but awaiting final approval from the central government, according to Bloomberg Intelligence.
The move aims to turn Hainan into a highland for the nation's reform and opening up and shows its resolution and confidence to open wider to the world.
The move, with the aim of building the rule of law in the country, is a profound revolution in the country's governance, Xi said.