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China's broad money supply, or M2, increased by 10.9 percent on a yearly basis to 216.41 trillion yuan (.13 trillion) by the end of September, compared with 10.4 percent in August and 8.4 percent in September 2019.

China will further cut the rates for broadband and mobile internet services, as the nation steps up push to nurture innovation and speed up the growth of emerging industries, according to the annual Government Work Report delivered by Premier Li Keqiang on Tuesday.

China will optimize government service hotlines and improve the efficiency and capacity of government services for businesses and individuals, meeting participants decided.

China will further reduce the market access threshold in automaking and welcomes German companies to expand investments in high-tech sectors, including self-driving cars, Premier Li Keqiang said at a self-driving exhibition on Tuesday in Berlin, his last stop before heading back to China.

China will take measures to reduce government fees and operating service charges in order to further reduce burdens on businesses and individuals, it was decided on Wednesday at a State Council executive meeting chaired by Premier Li Keqiang.