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China's commercial oil stockpiling sector bought large storage in 2020 and delivered big profits for operators, traders and refiners worldwide.

China's domestic bond market is expected to remain appealing to overseas capital as the amount of bonds held by overseas investors has increased drastically since last year, and the Chinese government steps up its efforts to liberalize the domestic market.

China's foreign trade of goods inched down 0.7 percent year-on-year in April to 2.5 trillion yuan (about 2.6 billion), narrowing from a drop of 6.4 percent in the first quarter, with exports rising 8.2 percent from the same period last year, according to customs data that came out Thursday.

China's forex regulator scraped two investment quota restrictions for foreign institutional investors earlier this month to better facilitate participation in the financial markets.

China's innovation and entrepreneurship environment is full of vitality, and the Chinese central government and local governments have provided great support for the development of new energy cars, he added.