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China's broad money supply maintained a low growth rate of 8.3 percent in April, along with flat new yuan loan expansion even as policymakers continued financial deleveraging, according to data from the People's Bank of China, the central bank, on Friday.

China will remain a competitive supply chain choice for Saint-Gobain, as it has a broad spectrum of strong upstream suppliers and downstream clients, he said, adding the company is looking forward to greater investment and development in research and development, production and sales, and has great expectations for the recovery of China's economy as well as the continuous improvement of China's investment and business environment.

China will move forward with a lifelong professional skills training system as part of its efforts to improve the competence of the nation's workforce and boost high-quality development, those at a State Council executive meeting presided over by Premier Li Keqiang decided on Wednesday.

China's GDP growth is forecasted to achieve 2 percent this year, mainly boosted by government spending and strong exports, and growth is expected to be 7.9 percent in 2021, the World Bank reported on Tuesday.

China will see more megacities in near future, said Niu Fengrui, a research fellow with the Institute for Urban and Environmental Studies under Chinese Academy of Social Sciences, because the capital cities of populous provinces have potential to accommodate 10 million people.