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Following the tough supervision, China made progress in reining in risks in its banking sector, with the commercial bank capital adequacy ratio at 13.3 percent, and their provision coverage ratio nearing 180 percent, both relatively high levels, according to CBRC data.

Noting that one of the founding missions of the CPC, established in 1921, was to end the plight of the country which had suffered long period of war and to ensure the people's survival, Xi stressed that the CPC "knows deeply the value of peace and holds firm resolve in maintaining peace."

China has maintained its sovereignty and maritime rights in the East China Sea, said Lu, who added China and Japan have been communicating over the East China Sea issue, with Japan voicing hope to improve ties with China. He urged Japan to walk the talk.

The CAPD has provided valuable suggestions over the past five years on issues including the balanced development of compulsory education, to boosting the manufacturing industry via the reform of vocational education, and establishing a modern public cultural service system, the message says.

The entire ship sunk Sunday afternoon, leaving a large amount of spilled oil burning on the surface.