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China's central bank is focused on further boosting capital markets and facilitating corporate financing in order to raise confidence among private businesses and offset headwinds, both external and internal.

China will inevitably take countermeasures if the United States further hinders bilateral trade, the Ministry of Foreign Affairs said on Wednesday in response to Western news reports saying that Washington would more than double a set of earlier proposed levies on Chinese goods.

China will roll out more measures to support rural startups to further promote rural vitalization, under a decision at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.

China's SOEs now have 9,112 agencies across 185 countries and regions.

China's ambassador to the United States said the two countries should look at the "really big picture" that would entail them working closer together instead of focusing on their trade imbalances.