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China will push ahead with the launch of rules on handling illegal fundraising, step up efforts to deal with major illegal fundraising cases and promote the establishment of risk monitoring and warning systems nationwide, said the interagency task force leading the crackdown on such practices.

China's Beidou Navigation Satellite System has started offering its services to a wide range of sectors as well as an expanding number of countries, as the homegrown system steps up its application and commercialization.

China will encourage major foreign-invested projects, lower import tariffs and ease customs procedures to expand opening-up and enable a better environment for foreign investment, it was decided at a State Council executive meeting presided over by Premier Li Keqiang on Wednesday.

China's central bank, the People's Bank of China, took action late on Wednesday to lower the credit evaluation standards for financial institutions. The measure will allow more of them to deposit less funds in the central bank as reserve requirements, according to a statement on the PBOC's website.

China would like to share its development experience with Brazil, along with the outcomes of development, and achieve common prosperity, Xi added.