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China will step up efforts to broaden market access for foreign investors into its financial sector and to create a predictable and fair business environment for all market players, vice governor of the central bank said on Wednesday.

China's applied nanoscience research and the industrialization of nanotechnology have been developing steadily, with the number of nano-related patent applications ranking among the top in the world, said the report.

China's automotive market saw its first dip last year since 1990, and the China Association of Automobile Manufacturers expects sales this year to fall by around 5 percent from 2018. That means the country's automotive insurance businesses will also probably see a slowdown in growth.

China's auto dealers are likely to face more pressure in June because of weaker demand compounded by the earlier-than-expected adoption of tougher emissions standards in some regions, according to a leading industry association.

China's Air Force recently sent electronic intelligence aircraft to conduct long-range training over the Yellow and East China seas, the military said on Monday.