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China will accelerate capital market reforms this year, giving priority to expanding the market-based initial public offering system, improving the quality of listed companies and increasing market openness to draw more long-term institutional capital from home and abroad, analysts said.
China should actively participate in the construction of a global financial safety net. For its part, the PBOC will improve the renminbi exchange rate regime and promote the two-way opening up of the financial sector.
China set a consumer inflation control target of under about 3 percent this year.
China suspended the illegal trading and transportation of wild animals shortly after the outbreak. The move became a permanent ban on Feb 24, when the country's top legislature adopted a decision on thoroughly prohibiting the illegal trading of wildlife and eliminating the consumption of wild animals.
China stood out among major economies to register a 3.2 percent year-on-year growth in the second quarter, versus a 6.8 percent contraction in the first quarter, bringing hopes that the world's second-largest economy-if it continues to fare well-will help boost the global economy.