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And by further bolstering services trade, China is actively optimizing its trade structure, and deepening its participation in the global value chain.

Analysts said the scale of reserves will remain stable and could rise slightly in the coming months given fluctuations in global financial markets that may push up the value of the Treasury.

Analysts said the market response to this tectonic shift in consumption pattern will be clear and in one clear direction－up－barring a few periodic corrections.

And one thing that may disappoint carmakers such as Toyota as well as China's BYD and SAIC Motor is that plug-in hybrids have been categorized in the guideline as conventional cars whose production will be curbed. In other government documents, plug-in hybrids, together with electric cars and fuel cell cars, are defined as new energy vehicles.

And we have already taken concrete safeguarding actions. Cyberspace is not a lawless land. No country would tolerate fraud, cheating, stealing, terrorism or incitement of religious extremism.