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China's top legislature on Friday unanimously passed a law to protect the reputation and honor of heroes and martyrs.

China's top 500 companies saw their total revenue reach 50.5 trillion yuan (.21 trillion), up 11 percent on a yearly basis, over half of the country's GDP that broke through 99 trillion yuan last year, according to a list co-released by Fortune magazine's Chinese edition and China International Capital Corporation Wealth Management on Monday.

China's top securities regulator issued approval to UBS to increase its shareholding in its securities joint venture to 51 percent, the first foreign bank to do so upon completing the transaction.

China's trade performance got off to a strong start this year, thanks to the steady recovery of the world economy, sustained demand in the domestic market and the Belt and Road Initiative, Huang said.

China's payment service market has grown rapidly, with transactions processed by domestic payment firms soaring, PBOC data showed.