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China will significantly broaden market access, create a more attractive investment environment, strengthen protection of intellectual property rights, and take the initiative to expand imports, Xi announced in his speech at the BFA gathering in the southern island province of Hainan.

China will usurp the United States as the single largest aviation market in 10 to 15 years, according to a global industry report that US-based aircraft manufacturer Boeing released on Tuesday, the second day in the week-long trading event.

China's banking and insurance regulator announced on Sunday it had given approval to Industrial and Commercial Bank of China Ltd, the country's largest State-owned commercial lender by assets, to establish a wealth management subsidiary.

China will offer more power to its State-owned investment and assetoperating companies to inject vitality into the State-owned asset authorization and operating systems in the next stage of reform, a senior regulatory official said on Wednesday.

China will need to step up policy support to address some of the uneven patterns behind the strong rebound, economists said. For example, household consumption remained subdued as national retail sales declined 1.8 percent year-on-year in June, and the recovery of the services sector has fallen behind the country's industrial production and construction growth.