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China has recently sent two coast guard ships to enforce fisheries law on the high seas of the North Pacific Ocean. [Photo/Official WeChat account of China Coast Guard]

China is including domestic processors in its government procurement plans, as the nation steps up its effort to promote the application of homegrown chips in government agencies and State-owned enterprises.

China has the space to implement a policy package to tackle the risks of a continued growth slowdown, especially on the fiscal front, while the side effects and limits of such a package should also be taken into account, said Yu.

China has seen a slower increase in students studying abroad but faster growth in students returning after obtaining overseas degrees last year, according to the latest figures released by the Ministry of Education on Monday.

China has successfully launched billion worth of dollar-denominated sovereign bonds in the Hong Kong Special Administrative Region on Thursday, including billion of five-year bonds and billion of ten-year bonds, which attracted a wide range of global investors.