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China will ramp up efforts to reduce financing costs for small and medium-sized enterprises this year, with the government ready to adopt a targeted policy tool to spur lending to small and private firms, Premier Li Keqiang said on Tuesday.

China's airliners served about 54.5 million passengers last month, up 8.7 percent year-on-year, 4.1 percentage points higher than April, data from the Civil Aviation Administration of China (CAAC) showed.

China will prohibit exports of products that have not been registered with medical products authorities or those without proper certificates, the statement said.

China will promote market-based allocation of production factors, including land, labor and capital, while accelerating the development of factors such as technology and data, it said.

China will issue 5G certification at the end of this year at the earliest, said Wu Hequan, an academic with the Chinese Academy of Engineering at the Fifth World Internet Conference in Wuzhen on Nov 9.