The measures provide new channels for global investors to share in the big cake of China's strong growth.
The mechanism had slashed taxes by over 440 billion yuan (.5 billion) for 250 million taxpayers in the first nine months of this year, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang Wednesday.
The ministry asked the company to collect user information abiding by relevant rules and regulations, revisit respective user agreements and protocols, and strengthen the protection of internet data and individual user information, it said in a Weibo post on Wednesday.
The ministry also required scenic spots to monitor and report their employees' health conditions and beef up hygiene and epidemic control at major sites. Venues or activities that could draw large crowds should remain shut.
The median age of novel coronavirus patients is 47, according to recent research conducted by a research team led by Zhong Nanshan, a prominent scientist who is leading a government-appointed panel of experts helping to control the outbreak.
The meeting also reaffirmed commitment to the principle of "housing is for living in, not for speculation", and vowed to implement long-term mechanism to maintain the sound development of the real estate market, according to the statement.
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The meeting came after a smaller gathering involving the two leaders and some key advisors.
The ministry has been directing the Yangtze River Delta region to establish a business credit-centered system to provide detailed credit information about companies, to foster regional market autonomy.
The memorandum was inked during a recent visit to the company's headquarters in Shenzhen by a delegation led by Guillermo Moncecchi, minister of industry, energy and mining of Uruguay.
The meeting has decided to grant certain quota to local governments this year to explore new capital replenishment channels for the banks, including subscriptions for convertible bonds.