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China will continue to foster stable growth, push supply-side reform, resolve major financial risks, properly deal with local government debt and promote a healthy development of the property market, Yang, who is also a member of the 13th National Committee of the Chinese People's Political Consultative Conference, said at a news conference.

China started to allow banks to issue large-scale CDs in June 2015, in a step toward interest rate liberalization, which was basically completed in October 2015 with the removal of the deposit rate upper limit.

China keeps its prudent monetary policy "neither too tight nor too loose" while maintaining market liquidity at a reasonably ample level in 2019.

China respects the legislative, enforcement and adjudicatory powers of the Arctic States in the waters subject to their jurisdiction, said the the document titled "China's Arctic Policy," issued by the State Council Information Office.

China made a "great leap" in all-electric vehicles with Tesla. According to CAR, the Tesla Shanghai gigafactory contributed the sales of almost 50,000 fully electric cars in China in the first half of the year.