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China's equity market regulators have stepped up the pace of introducing rules aimed at encouraging individual investors to finance development of residential leasing properties, a move that analysts said will be greatly helpful to long-term growth of the sector.

China's new policy announcements were made by Vice Finance Minister Zhu Guangyao on Nov 10. They follow the 19th National Congress of the Communist Party of China, where Chinese leaders set out the long term strategic direction of the nation, of which financial liberalization is one of the focuses.

China's new drug development has begun to catch up in the fields of tumors, diabetes, and antibiotics, Fu added.

China's development path has been praised by the international community, Guo Weiming, spokesman for the second annual session of the 13th National Committee of the Chinese People's Political Consultative Conference, said at a press conference on Saturday.

China's financial industry is maturing, with more professionals than amateurs joining the league. Financial talent－defined as those systematically trained with financial knowledge－in the country's securities sector jumped from 8 percent to 15 percent between 2010 and 2016, according to a survey published by the institute in early July.