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China will probably receive billion of capital within the next three years, being the top recipient of real estate private equity capital in Asia Pacific, research from international real estate service provider CBRE showed.

China's central bank raised its open market interest rate for the second time in less than four months on Thursday, in response to the US Federal Reserve's rate hike, in line with the monetary policy target supporting financial deleveraging and preventing risks.

China will pursue a more proactive and impactful fiscal policy, setting its fiscal deficit above 3.6 percent of GDP and issuing 1 trillion yuan of government bonds for COVID-19 control this year to release more funds for companies and individuals.

China will prioritize the development of agriculture and rural areas and advance a batch of major projects to facilitate production and consumption, according to the guideline jointly issued by seven departments, including the Ministry of Agriculture and Rural Affairs.

China will further bolster its small and micro businesses with financial measures to increase economic vitality, the State Council executive meeting, chaired by Premier Li Keqiang, decided on Wednesday.