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China's banking sector has worked to help combat poverty in various ways as the country is on its way to completing the building of a moderately prosperous society in all respects and eliminating poverty this year.

China will ratchet up its push to promote the application of cutting-edge technologies, including virtual reality, in a wide range of sectors as part of its broader efforts to seek high-quality growth, President Xi Jinping said on Friday.

China's broad money supply, or M2, grew by 10.7 percent year-on-year during the first 11 months of the year, up from 10.5 percent a month earlier, the PBOC said on Wednesday.

China's biggest oil and gas producer, China National Petroleum Corp, said earlier it would import more crude oil and natural gas from the US, while also considering involvement in the country's growing liquefied natural gas export industry.

China would like to keep enhancing high-level ex-changes with the UK, hold dialogues under different mech-anisms and ensure that China-UK relations keep moving forward steadily and on the right track, Xi said.