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The downtrend may remain in the coming months when financial regulators will likely be keen to squeeze any asset price bubbles that may form from interbank trading of wealth management products or other financial instruments, said Ba Shusong, chief economist at the China Banking Association.

The drones were jointly developed by Alibaba's delivery arm Cainiao Network, the company's rural shopping platform Rural Taobao, and a domestic technology firm.

The emergency special session was called after the Security Council failed to adopt a draft resolution on the status of Jerusalem with a veto from the US on Monday. The other 14 members voted in favor.

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The event was attended by several hundred guests, including former floor traders and other market participants.

The draft version of the policies is better than expectation as no limitation on household usage will encourage more installments, and subsidies will be allocated timely and in full, said Su Chen, chief analyst with Industrial Securities' power equipment and new energy industry.

The east foothill of Helan Mountains in Yinchuan, Northwest China's Ningxia Hui autonomous region is gaining wider recognition and attention from the global community for its premier wine production.

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The draft will be open for public comment until May 26.

The employment of laid-off workers, university graduates and migrant workers is a top priority in the government's efforts to stabilize the job market, and the government will roll out tailor-made measures to help them, Zhang said.

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The eWTP initiative was proposed by Jack Ma, executive chairman of Alibaba, in 2016. It aims to promote public-private dialogue to improve policy and business environment to enable small and medium-sized enterprises to participate in cross-border electronic trade.

The driver has been identified as Colombian national Cristian Andres Parra Silva, said Pavon.