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China's banking sector has maintained a relatively strong risk resistance capacity by increasing the appropriation of impairment losses on loans. Banks appropriated 1.4 trillion yuan of impairment losses on loans during the first eight months, up by 261.5 billion yuan year-on-year. The level of allowance for loan impairment losses to nonperforming loans of the banking sector stood at 176.5 percent, while its NPL ratio rose by 0.11 percentage point from the beginning of this year to 2.14 percent at the end of August, according to data from the CBIRC.

China will work with other members to promote its development including developing a five-year outline for the implementation of the treaty on long-term good neighborliness, friendship and cooperation, concluding or ratifying a number of resolutions or documents concerning security, economic, environmental and cultural cooperation, and advancing Belt and Road projects in SCO member states, the minister said.

China will push for this demand in the one-year action plan for economic cooperation which both sides discussed during the CED, Zhu added.

China's auto sales and output both surpassed 2.2 million vehicles last month. However, unfavorable factors have still dimmed the outlook for market demand, industry data showed.

China's breeding sows in stock in 400 counties monitored by the ministry expanded by 1.7 percent month-on-month in February, growing for the fifth consecutive month, according to the ministry.