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China will push forward the orderly opening-up of its oil and gas exploration and exploitation market, and optimize its administrative examination and approval system for mineral resources, said Ling Yueming, vice minister of natural resources, at the ongoing China Mining Conference and Exhibition held in northern China's Tianjin municipality.

China will develop a multi-level capital market, build a multi-level banking system, resolutely resolve risks, and give full play to the role of financial technology, according to Liu.

China will not use large-scale quantitative easing to bolster the economy and instead will boost market vitality through measures such as tax and fee cuts to stabilize economic growth and seek high-quality development, Premier Li Keqiang said on Friday.

China will use its experience and ample policy tools to maintain the yuan's exchange rate basically stable at a reasonable and balanced level, Yi said.

China's banking regulator on Monday issued guidelines on risk control for lenders, a move to prevent and resolve any systemic financial risks.