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China's capital market has been opened wider and wider, he added, citing the country's efforts to attract foreign capital through its bond and stock connect programs.

China's Ministry of Finance announced on Wednesday it will start the bidding for 5 billion yuan (0 million) in yuan-denominated treasury bonds on July 5, and the bonds will be issued in Hong Kong in the near future.

China will provide stronger support for debt-to-equity swaps, promote mixed-ownership reform, and improve policies on business reorganizations and bankruptcy, said a statement released after an executive meeting chaired by Premier Li Keqiang.

China will release at an "appropriate" time the list of products imported from the United States on which it will impose reciprocal tariffs in response to Washington's decision to impose restrictive tariffs on imports of steel and aluminum products, the Ministry of Commerce said on Thursday.

China will lift shareholding limits in the shipbuilding and aircraft manufacturing industries for foreign investors this year, according to the National Development and Reform Commission.