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Efforts are needed to deepen the integration and sharing of public resource trading platforms, innovate the transaction supervision system, and improve the efficiency and fairness of public resource allocation.

The stock market, which has seen a slack in the past few years, is also "showing signs of bottoming out and recovering", according to Chen.

Meanwhile, the interest rate of 7-year financial bonds issued by the China Development Bank stood at 3.6 percent last year, down 134 basis points year on year.

The CDAC will gather state leaders from Asia and other regions, as well as heads of international organizations. There will be discussions on various topics, including tourism, culture, people-to-people exchanges and sharing of governance experience.

Since 2015, the conference has been held annually in east China's city of Hangzhou, Zhejiang Province before World Book Day, which falls on April 23.