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As it cuts red tape in project approval, the NDRC will work with related departments to lay out specific plans and enhance guidance.

As of 2 pm on Wednesday, more than 1.36 million people went to testing centers across the city to have their swab samples taken while over 1.26 million registered online for the UCTP.

As part of the country's efforts to boost the development of SMEs, a guideline was rolled out last week by the general offices of the Communist Party of China Central Committee and the State Council.

As of the end of September, a total of 8,332 microcredit companies in China registered an aggregate loan balance of 972.1 billion yuan (1 billion). That is equivalent to only a tiny fraction of traditional banks' 66 trillion yuan loan balance relating to SMEs and the agricultural sector, according to official data.

As many parts of the world are seeking ways to mitigate the effects of protectionism and boost their goods trade, China has taken steps to diversify the category of trade in services, including the steady opening up of its finance, telecom, insurance, education and medical treatment sectors, Chen said.