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China's banking regulator on Monday issued guidelines on risk control for lenders, a move to prevent and resolve any systemic financial risks.

China's State economic regulator's regulation has stabilized the soaring price and quelled speculation, he said.

China will gradually replace the current approval-based IPO system with one based on registration.

China will encourage State and private investment in business startups, especially those in the high-tech sector, to help finance new business and innovation, according to a State Council guideline released on Thursday.

China will remain in close communication with all relevant parties and stay committed to upholding and implementing the JCPOA with an objective, impartial and responsible attitude, Geng told a regular news briefing in Beijing before Trump announced the exit.