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China will encourage its financial institutions to make interest concessions as appropriate to businesses and ensure that all fee-reduction measures are fully implemented, in an effort to ease corporate burdens and keep economic fundamentals stable.

China will tightly control State-owned enterprises' new investments in financial businesses, standardize the development of financial derivatives, and strictly prohibit any speculation in 2019, said the country's top SOE regulator.

China will facilitate the establishment of bilateral and multilateral platforms for entrepreneurship, support demonstration bases to deepen opening-up, and enhance international cooperation to ramp up global entrepreneurship, it said.

China will use various monetary policy tools to maintain sufficient liquidity, with the measures expected to be more precise and targeted to spur economic recovery and prevent risks in the financial system, the central bank governor said on Tuesday.

China's Jiangsu province has approved 24 offshore wind power projects with a total capacity of 6.7 GW in January, with total investment of 122.29 billion yuan ( billion).