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China will increase the number of pilot State-owned enterprises involved in mixed ownership reform in key areas and support the development of the non-public sector, a senior State asset regulator said on Tuesday.

China will forge ahead with all-around opening-up in the financial industry and create a fair environment for competition, ushering more global participants into banking, insurance, securities, asset management and other sectors, Vice-Premier Liu He said on Wednesday.

China's biggest personal computer giant Lenovo and domestic auto maker Haima will join forces to promote the use of big data and artificial intelligence technology in the auto manufacturing industry.

China will raise its defense budget by 8.1 percent in 2018, according to a budget report to be submitted to the national legislature Monday, up from last year's 7 percent.

China's GDP expanded 6.8 percent year on year in the first three months of 2018, unchanged from the growth rate in the previous quarter, official data showed last week.