The market will hit 7.9 trillion yuan this year, is expected to grow by 33 percent annually, and by 2022 will top 25 trillion yuan, according to ocn.com.cn, a Shenzhen-based consulting platform.
The meeting came when US President Donald Trump recently announced full American troops' withdrawal from Afghanistan, without setting a deadline.
The ministry urged provincial governments to improve government reserves of special emergency supplies, and encourage companies to ramp up backup production capacity or ability to refit production lines for emergency medical supplies.
The mechanism would clean up high-risk IP addresses and domain names in a timely manner and prevent fraud risks.
The ministry said the planes, based at the Marine Corps Air Station Iwakuni in western Japan, were conducting a routine training operation when the collision occurred around 100 km south of Cape Muroto in Kochi Prefecture.
The meeting, held via video link, was co-chaired by President Xi Jinping, German Chancellor Angela Merkel — whose country currently holds the EU's rotating presidency — European Council President Charles Michel and European Commission President Ursula von der Leyen.
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The merger talks of the two giant groups started last August, when the State-owned Assets Supervision and Administration Commission approved their merger to cut overcapacity and maintain competitiveness of the cement industry.
The meeting called for fully comprehending the complexity and severity of the current situation and closely monitoring the evolving dynamics in the COVID-19 pandemic and economic situations. Problems that emerge during policy implementation should be carefully analyzed and properly addressed to inform improvements on existing policies.
The ministry said that it will slash duties from 17.3 percent to 7.7 percent, on average, on food, health products, medicines, suits, shoes, household appliances and daily necessities.
The master plan calls for coordinated efforts in ensuring the China International Import Expo (CIIE) held in Shanghai a success. The expo will grow in scale and quality and feature more innovation as a world-class expo.