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China will increase its fiscal budget for air pollution control to 25 billion yuan (.73 billion) this year, up 25 percent year-on-year, said Vice-Minister of Finance Liu Wei.

China's "aggressive" tax cut plan for 2019 highlights the central government's determination to promote high-end manufacturing and could motivate enterprises to increase investment despite the temporary slowdown in industrial profits, experts said on Tuesday.

China will pursue a prudent monetary policy in a more flexible and appropriate way, according to this year's government work report.

China will work with Japan and South Korea to jointly promote the signing of the Regional Comprehensive Economic Partnership agreement as scheduled, and speed negotiations for the China-Japan-South Korea free trade agreement, Li added.

China's capital market is developing fast, but it is still young and far from perfect. The Chinese authority has never stopped making efforts to improve the mechanism. The debut of the STAR market will allow the market to play a fundamental role in allocating resources, which is critical to China's goal of seeking high-quality development.