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Apart from supporting small businesses, prevention of financial risks is another focus of the reform package, said Wang Tingting, an associate professor of finance at the Central University of Finance and Economics.

Another landslide earlier on Tuesday left one dead and six missing at a highway construction site in Hezhang county, Guizhou province.

Anthony Muriithi, the Interim Director General, Agriculture and Food Authority (AFA), attributed the trade imbalance to the fact that China is not only the second-largest economy in the world after the United States but also the largest producer of manufactured products globally.

Annual checkups are improving the lives of once-neglected villagersURUMQI－As the sun rose over the mountains, the village of Yaragiz stirred for a busy day ahead. It was the day that 90 families were due to undergo their annual health checkups.

Another supportive catalyst is bond buybacks by the companies themselves, which signal abundant liquidity and a faith in the market's fundamentals. Several issuers have already announced bond buybacks, and more are likely to come. These have been mostly in short-term debt, where the issuer can buy back their bonds at a discount and book a profit now, rather than repay at full value a few months later.