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China's big six State-owned banks turned in their 2019 performance data on Monday, with net profit topping 1.1 trillion yuan (5.18 billion), The Paper reported.

China will implement lifelong liability for "lake chiefs" as it rolls out the new system with government heads overseeing protection of lakes in their areas.

China will press ahead with opening-up in the service sector, and encourage foreign investment in manufacturing and high-tech industries, and in central and western regions, Zhong said, adding that governments will help foreign companies address difficulties in investing in China.

China will take further steps to boost international airfreight capacity to stabilize supply chains, the State Council's executive meeting chaired by Premier Li Keqiang said on Tuesday.

China's business environment is also improving. In 2019, China saw its ease of doing business ranking ascend to 31 from 46 a year ago as one of the top 10 most improved economies, according to a World Bank report.