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China will further open its financial sector, reduce taxes and fees, and better protect intellectual property rights, Premier Li Keqiang told business, financial and think tank leaders during Summer Davos Forum in Tianjin on Thursday.

China's 4G users accounted for 79.1 percent of mobile phone users by the third quarter of 2019 and the number of optical fiber broadband users accounted for more than 91 percent of the total by the same period.

China will press ahead with the reform of State-owned enterprises to provide a greater driving force for high-quality economic development with State capital, according to a decision made by those at the State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

China's Nasdaq-style STAR Market is set to attract more foreign investors in the coming quarters, thanks to the launch of its first market benchmark and its growing ability to attract quality tech names with overseas presence, according to leading global financial institutions.

China will strengthen the coordination of financial regulation, stabilize the property market and prevent systemic financial risks, according to a statement issued after a top leadership meeting on Monday.