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China may not encounter a major financial crisis like the one that hit the United States almost a decade ago given the former's tight financial regulation and low household mortgage ratio, a senior economist said.

China warned on Monday that it reserves the right to take additional action in response to a package of measures announced by Canada to interfere in Hong Kong affairs, saying that Ottawa will bear all the consequences.

China will bolster measures to help military veterans find jobs and start new businesses, according to a guideline issued on Thursday.

China plans to impose new measures to tighten financial discipline, prevent major risks and improve its financial structure in support of steady economic development, according to the central bank governor and financial regulators.

China on Sunday announced a new list of the first batch of authorized matters for comprehensive pilot reforms in Shenzhen, as part of its ongoing efforts to facilitate higher-level reforms and opening-up in the high-tech hub adjacent to Hong Kong.