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As opposed to worries that technology may make people jobless, Djankov pointed out that they also create many more new occupations. For example, instead of hiring traditional loan officers, JD Finance, a leading fintech platform in China, created more than 3,000 risk management or data analysis jobs to sharpen algorithms for digitized lending.

As local authorities intensified efforts to stabilize property prices and expectations, the country's housing market has been generally stable, Kong said.

As of Thursday, 92 percent of enterprises with annul income from main business exceeding 20 million yuan (.86 million) resumed operation in Shenzhen, Guangdong province.

As long as entrepreneurship and innovation in production, management and financing does not violate criminal law, it cannot be judged a crime, it said.

As part of the Indian Human Spaceflight Program, Gaganyaan mission, which will be an Indian crewed orbital spacecraft with three astronauts on board for a minimum of seven days, is planned by 2022, he told a press conference in Bengaluru.