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China will relax its supervision of outbound investment projects, with attention focusing only on investment in several key industries after tightened measures were implemented last year.

China will provide stronger support for debt-to-equity swaps, promote mixed-ownership reform, and improve policies on business reorganizations and bankruptcy, said a statement released after an executive meeting chaired by Premier Li Keqiang.

China's A-share market closed higher on Monday, with the benchmark Shanghai Composite Index up 4.09 percent to finish at 2654.88 points.

China's agriculture and food system is less dependent on the international market compared with other sectors, with both its export share of the entire output and its import share of the entire demand below 5 percent. As a result, employment in the agriculture-food system is about to return to normal even without a complete recovery of the import and export trade, said the report.

China's BeiDou Navigation Satellite System will see wider civilian application in the coming two years both at home and abroad, as the domestically developed system is increasingly used in shared bicycles, logistics, precision farming and other industries that demand high-accuracy positioning, a new report said on Wednesday.