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China will not set a target to double its gross domestic product from 2021 on, and it will put more emphasis on quality of growth, a senior official said on Thursday.

China's banking and insurance regulator announced on Sunday it had given approval to Industrial and Commercial Bank of China Ltd, the country's largest State-owned commercial lender by assets, to establish a wealth management subsidiary.

China's 817 million mobile internet users and the rapidly growing knowledge economy are the main reasons for Yinxiang Biji to have such confidence in the market.

China will strive to improve the quality and efficiency of the economy and deepen the supply-side structural reform, Xi said at a meeting of the Central Leading Group on Finance and Economic Affairs.

China will stay committed to building partnerships around the world. We Chinese often say, "Those who share the same ideal and follow the same path can be partners; those who seek common ground while setting aside differences can also be partners." China pursues friendship and cooperation with all other countries based on the five principles of peaceful co-existence. We have made the forging of partnerships a golden rule in our relations with other countries, and have established partnerships of various forms with over 100 countries and regional organizations. China will continue to expand this network of global partnerships and make more friends all over the world.