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China will deepen efforts to maintain market order in the banking industry to prevent financial risks and promote the high quality growth of banks, the sector's regulator said on Saturday.

China will strengthen oversight on the securities market to keep it fair, open and impartial, Jiang Yang, vice-chairman of the China Securities Regulatory Commission, said in response to questions about priorities in the next phase of the CSRC's work.

China's GDP logged a 6.7 percent growth in the second quarter of this year, with the pace of expansion staying within the range of 6.7 to 6.9 percent for 12 straight quarters. Final consumption contributed to 78.5 percent of the economic expansion in the first half of the year.

China will maintain a prudent monetary policy in the year's second half, with potential policy adjustments depending mainly on the domestic economic situation and price levels, a senior central bank official said on Friday.

China's benchmark Shanghai Composite Index fell 24.6 percent to 2,493.9 points in 2018. It, however, has made a strong rebound so far this year, rallying to exceed 2880 points Monday morning.