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Companies including Power Construction Corporation of China, China National Pharmaceutical Group and China Railway Rolling Stock Corporation are among China's top 100 companies according to a ranking mainly based on companies' mass profits by the Wortan Economic Studies Institute on Friday in Beijing.

Combined profits of major Chinese industrial firms surged 21 percent last year, the fastest since 2012. "The profitability may improve further in mid-to-downstream industries with the rising inflationary impulse in consumer goods," according to CICC.

Commenting on those remarks, Lu said that none of the countries that have played up tensions in the South China Sea is within the region, adding that regional countries are working together to promote peace, stability and prosperity.

Cong Liang, secretary-general of the National Development and Reform Commission, said at a news conference that as more people return to cities after an extended Spring Festival holiday, the emphasis in the next steps should lie in both lowering the epidemic's influence and promoting the high-quality development of the economy.

Commercial banks' combined net profits totaled 855.5 billion yuan (about 3.7 billion) in the first five months this year, with their average return on assets standing at 1.1 percent and a capital adequacy ratio of 13.6 percent.