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China has about 4 trillion yuan in its pension fund balance, and more provinces should be encouraged to try entrusted investment, Tang said.

China had 7,425 companies listed on 15 stock exchanges across the world including in Shanghai, Shenzhen, Hong Kong and New York by June 30, with the total market value reaching 112.31 trillion yuan (.9 trillion), an increase of 6.24 percent from the end of 2019, according to a latest ranking released by market tracker Wind Info.

China has outlined a series of reforms to better orient the NEEQ to the needs and features of small enterprises and support high-quality growth of the real economy, according to the China Securities Regulatory Commission in October.

China has accelerated the issuance of local government bonds this year to facilitate the timely implementation of various projects in order to mitigate the impacts of the novel coronavirus outbreak.

China has made zero-poverty a baseline requirement for the nation's aim to build China into a "moderately prosperous society in all aspects" in 2021, which requires a significant improvement in welfare for farmers, disabled people and other vulnerable groups.