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China will further enhance governance capacity, improve socialist democracy and the rule of law, and demonstrate social fairness and justice. The national administrative system will be perfected, the role of the government will be better played, and the administrative efficiency and credibility will be significantly strengthened.

China's bonds market stood at about 86 trillion yuan (.84 trillion) by the end of 2018, with about 1.8 trillion yuan held by global investors, up 46 percent year-on-year.

China will further simplify the process to set up foreign-invested enterprises to promote its high-standard of liberalization and facilitation of trade and investment, the State Council decided at an executive meeting chaired by Premier Li Keqiang on Wednesday.

China will likely maintain a steady growth rate of above 6.5 percent in two years, with economic deleveraging and preventing financial risks top priorities for the government, a report said on Tuesday.

China's bolstering of defenses on the Nansha Islands in the South China Sea will ensure regional peace and security and does not target any country, the Ministry of National Defense said on Tuesday.