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China's Property Rights Law was promulgated in 2007. In 2016, the Central Committee of the Communist Party of China and the State Council issued a guideline on improving the protection system and protecting property rights according to law.

China will unswervingly boost further opening-up of the financial sector and explore to build a long-term mechanism for selling sovereign bonds denominated in foreign currencies, he noted.

China's central bank may focus on maintaining ample liquidity in the financial system and curb financial arbitrage by pursuing a more flexible monetary policy stance and keeping the benchmark lending rates adaptive, as it did for three months in a row, analysts said on Monday.

China's GDP growth has been slowing steadily since the first quarter of 2010, when it exceeded 12 percent year-on-year. In the third quarter of 2019, the GDP growth came in at 6 percent year-on-year, the lowest since 1992. Such a steady deceleration is unprecedented for the world's second-largest economy.

China will soon roll out a number of substantive measures to deepen capital market reforms, following the best international practices, the country's top securities regulator said on Sunday.