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China is considering the use of a specialized court to handle finance-related lawsuits in Shanghai to improve the country's judicial capability and better prevent financial risks.

China is a key anchor and engine of global economic growth. China's development has lent a strong momentum to global recovery and growth, contributing nearly 30 percent of world economic growth on average since 2002. Consumer spending and investment opportunities in China has created more jobs worldwide. Last year, China accounted for 10.2 percent of global imports and 12.8 percent of global exports, and was the leading trade partner of over 120 countries and regions. The Chinese government has been able to provide adequate food and clothing for its over 1.3 billion people and lifted over 700 million Chinese out of poverty according to current UN standards, which accounts for over 70 percent of poverty reduction worldwide. This is a very important contribution to the Millennium Development Goals and the Sustainable Development Goals.

China has set 2020 as the target year to complete the building of a moderately prosperous society, and eradicating poverty.

China has set the tone of its 2017 monetary policy as prudent and neutral, keeping appropriate liquidity and avoiding excessive injections.

China has released its road map to build the personal bankruptcy system and the plan is expected to launch in some pilot areas in the second half of this year, iFeng.com reported Wednesday.