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China is willing to strengthen communication and coordination with Hungary in the China-CEEC cooperation, China-Europe relations as well as multilateral affairs, continuously enhance the two countries' strategic relationship, and jointly safeguard fairness, justice and peaceful development in the world, Wang said.

China resumed trading of treasury bond futures from Sept 6, 2013, after such trading was suspended for 18 years since 1995 following a series of irregularities. At that time, the China Securities Regulatory Commission approved the trading of the five-year treasury bond futures at China Financial Futures Exchange.

China spent 120.9 billion yuan ( billion) in basic scientific research last year, a 10.9 percent year-on-year increase, he said, adding scientific spending by local governments and companies is on the rise.

China recently gave the green light to a new financing product that is based on rental income from apartments in major cities.

China may opt to cut the benchmark one-year deposit rate, the first time it would do so in four years, to reduce the cost of funds for coronavirus-hit companies, especially if the upcoming economic indicators for January and February hurt market sentiment and increase concerns for policymakers, analysts said on Monday.