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China will release a three-year action plan for SOEs (2020-22) soon to further push mixed-ownership reform, digitalization and asset securitization in its SOEs. Zhou Yuxian, chairman of China National Building Material Group Co Ltd, another Beijing-headquartered central SOE, said about 80 percent of its subsidiaries have been a part of the mixed-ownership reform and have teamed up with more private firms to develop both home and global markets.

China's central State-owned enterprises have reported a stable level of debt over the past year, while the government's main task this year still will be to reduce corporate leverage, lower debt ratio and ward off risks, Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission, said on Saturday.

China's audience for online music was 555 million as of June 2018, according to the ministry.

China will strengthen oversight on the securities market to keep it fair, open and impartial, Jiang Yang, vice-chairman of the China Securities Regulatory Commission, said in response to questions about priorities in the next phase of the CSRC's work.

China will stick to the policy of opening-up and further expand market access to foreign investors, the spokesman of the Communist Party of China's 19th National Congress said on Tuesday.