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China will continue to promote the application of digital tickets and explore more flexible pricing mechanisms for high-speed trains, he said.

China warned that the Section 232 actions severely damage the stability of the multilateral trading system and distort international supply chains, with considerable negative follow-up effects.

China remains highly dependent on oil and gas imports in recent years. As the country's major oil companies have been stepping up domestic oil exploration, the country produced 95.39 million metric tons of crude oil during the first half of this year, a year-on-year increase of 0.8 percent, according to the National Bureau of Statistics.

China will adopt a "dynamic approach" to oversee fintech innovations, the central bank governor said on Friday.

China will better cope this year with the heavy traffic during the Spring Festival travel rush, with some 3 billion trips set to be made, as technologies from cloud computing to artificial intelligence kicked in to help cope with anticipated and unexpected congestion.