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China's general trade has increased both in volume and proportion, expanding to 15.66 trillion yuan last year and accounting for 56.4 percent of total foreign trade.

China's newly revised Budget Law clearly stipulates that local government debt should be publicly issued through a national quota-based mechanism, and various local financing platforms backed by the local authority should not issue local government debt.

China's mobile payment sector has seen rapid development, driven by improved Internet infrastructure, increased use of mobile phones and innovation of financial services.

China's economy beat market expectations to grow by 6.4 percent on a yearly basis in the first quarter, virtually unchanged from the GDP expansion in the previous quarter.

China's largest national forest park has reopened to the public after being closed for the last six years, thepaper.cn reported on Wednesday.