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China considers financial safety a top priority amid efforts to strengthen the developing commercial endowment insurance sector and boost related regulation in this area, a senior official with China's top insurance regulatory body said on Friday.

China has continuously stepped up efforts to implement monetary and fiscal policies to stabilize the economy. These efforts have helped bolster market expectations and confidence in the Chinese economy from enterprises, residents and foreign investors, economists said.

China has always respected the development path chosen by the Kyrgyz people in line with their national conditions, said the spokesperson, noting that China firmly supports the policies and measures adopted by Kyrgyzstan in safeguarding independence, sovereignty and security, and firmly opposes external forces' interference in Kyrgyz internal affairs.

China banned the use of grain for ethanol production in 2007 to ensure sufficient food supply, and biofuel manufacturers have since turned to sweet potatoes, sorghum and straw stalks instead.

China currently contributes to 15 percent of the revenue of the privately owned company. With the completion of the infrastructure built in Alaska, it is expected that Trident's market share in China could at least be doubled.