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China's GDP expanded 6.8 percent year on year in the first three months of 2018, unchanged from the growth rate in the previous quarter, official data showed last week.

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 will stick to market-based principles while promoting debt-to-equity swaps to tackle debt problems of companies, an official of the nation's top economic regulator said on Wednesday.

China's centrally administered State-owned enterprises will focus on social responsibility and integrity when developing projects in economies related to the Belt and Road Initiative, said a senior regulator.

China will establish a state financing guaranty fund, support leading innovative enterprises in going public, and extend nationwide the pilot preferential tax policies for venture capital investment and angel investment, Li said.