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Anhui Governor Li Guoying noted that the central authorities have urged the province to further consolidate its foundation for manufacturing and extend its industrial chain.

And cars used for ride-hailing services in those cities must be registered there.

Analysts from Huaxi Securities said in a report released on Monday that the weakening major economic indicators in the US due to the COVID-19 epidemic, combined with the raised expectations for further fiscal expansion, have exerted more downward pressure on the US dollar. As a result, commodities priced in the US dollar have been valued higher while global capital is flowing at a faster pace into non-US markets, especially the A-share market.

And the inquiry the US administration has ordered into China's trade policies, if carried out, could intensify tensions, especially on intellectual property rights.

Analysts expect that the STAR Market, which debuted in late July with 25 listed firms, may have at least 50 listed firms by early November, the China Securities Journal reported.