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China's benchmark Shanghai Composite Index fell 24.6 percent to 2,493.9 points in 2018. It, however, has made a strong rebound so far this year, rallying to exceed 2880 points Monday morning.

China's 31 provinces, autonomous regions and municipalities confirmed they would increase their pensions and promised payment, Economic View reported on Wednesday.

China's achievements are made possible through the strong leadership of the Communist Party of China, the development path that suits the country's national condition, and the hard efforts of the Chinese people.

China's central State-owned enterprises have reported a stable level of debt over the past year, while the government's main task this year still will be to reduce corporate leverage, lower debt ratio and ward off risks, Xiao Yaqing, head of the State-owned Assets Supervision and Administration Commission, said on Saturday.

China will expand financing channels for start-ups to encourage inclusive financial services, promote intellectual property rights financing and establish government venture capital funds.