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The drafting of the new rules is being led by the People's Bank of China, the central bank, and the new regulation will likely require financial holding companies to obtain necessary licenses issued by the PBOC to conduct business, according to media reports citing people close to the regulators.

The draft order also states that the White House Office of Digital Strategy will re-establish a tool to help citizens report cases of online censorship.

The draft revisions were submitted to the NPC Standing Committee on Sunday for a second reading.

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The epidemic will be of high certainty to have a largely negative impact on the Chinese auto industry, analysts from CITIC Securities said. Even the work is resumed after Feb 10, the production capacity of China's automobile industry won't recover quickly due to the slowdown of the turnover efficiency of industrial chains.

The epidemic has created huge online traffic on cooking apps. One example is the recipe-sharing app Douguo that saw a spike of 113.47 percent in its active daily users during this Spring Festival.

The draft would also require retirement home managers to improve their emergency plans for contagious diseases, including novel coronavirus pneumonia, and encourage the facilities to roll out door-to-door services for seniors still living at home.

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The draft amendment to the Law of Promoting Small and Medium-sized Enterprises was submitted to the Standing Committee of the National People's Congress (NPC) for a second reading at the start of its bi-monthly session.

The draft clarifies community correction - a noncustodial sentence - is aimed at criminals who have won reprieve, been released on parole, placed under surveillance or allowed to temporarily serve their sentences out of prison.

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The embassy decision has not only shown that the US cannot be an honest broker for the Middle East, in particular between Israel and the Palestinians, but that the US is a major destabilizing force in the region.

The drug trafficking network had expanded to provinces of Hubei, Fujian and Yunnan. The investigation team spent three years locating the other suspects involved.