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China will accelerate developing laws and regulations governing the financial sector, improve macro prudential management and emphasize functional as well as behavioral regulation, Xi said.

China remains committed to deepening exchange rate marketization and improving its exchange rate system to keep the RMB exchange rate "basically stable at a reasonable and equilibrium level", he added.

China saw a falling maternal mortality rate which dropped from 18.3 per 100,000 in 2018 to 17.8 per 100,000 in 2019, said the commission in an annual communique on China's health development.

China plans to further transfer 1.73 trillion yuan (0.8 billion) of existing less-transparent local government debt into bonds by August to strengthen debt management and control potential risks, the Ministry of Finance said on Thursday after reporting financial revenue in 2017 that was higher than expected.

China will continue to provide aid to African countries to battle Ebola, and hopes the international community will take more effective measures to help these countries overcome the epidemic.